6128 ISLAND Road
About This Property
Quaint small, renovated home on picturesque 1 acre fully fenced lot (2 lots with RV hook up) with majestic oak trees, located on canal with direct access to Lake Santa Fe. There are two docks for your boat(s) or company to stop in. If you're not on the lake, you will likely be sitting outside in the 20 x 36 screened back porch or by the pool because the peaceful view is spectacular. Zoned agricultural, very quiet area.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 11, 2022 | Sold | ||
| Sold | |||
| Dec 17, 2021 | Listed by COLDWELL BANKER VANGUARD REALTY | $275,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
| Aug 30, 2019 | Sold | ||
| Sold | |||
| Feb 21, 2019 | Listed by COLDWELL BANKER VANGUARD REALTY | $209,900 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
| Sep 20, 2010 | Listed by CB ISAAC REALTY | $199,900 | |
| Listed by CB ISAAC REALTY | |||
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Santa Fe Canal Home. 2/1 CB home on 2 parcels totaling one acre, that can be divided & another home built. Gorgeous oak trees, approx 200’ ft on canal with dock and boat lift. Enjoy Santa Fe Lake in your own park like stetting. Great possibilities, Perfect for weekend get- away, or to live in and build another home and rent this one out or have family close by. (wh-105)
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017