617 Lake Street
About This Property
This property has been placed in an upcoming event. All bids should be submitted at Xome.com void where prohibited. Please submit any pre-auction offer received through the property details page on Xome.com. Any post-auction offers will need to be submitted directly to the listing agent. Response within 3 business days. All properties are subject to a 5% buyer's premium pursuant to the Auction Participation Agreement and Terms & Conditions minimums will apply. Please contact listing agent for details and commission paid on this property.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 12, 2024 | Sold | ||
| Sold | |||
| Feb 2, 2024 | Listed by Raven Realty | $155,000 | |
| Listed by Raven Realty | |||
| | |||
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This newly renovated 3 bedroom 1 bath house is a perfect blend of modern comfort and classic appeal. Step inside to
discover a spacious living room with plenty of light, creating a warm and inviting atmosphere. The second living area
provides a retreat to relax and unwind or gives additional space for books, games or hobbies. The open-concept kitchen
features updated appliances, elegant countertops and ample cabinet space for all your culinary needs. Beyond the interior,
the property boasts a fenced back yard, providing a private outdoor space and is accessible via an alley for added
convenience. Don't miss the opportunity to make this beautifully renovated house your new home.
| |||
| Feb 8, 2023 | Sold | ||
| Sold | |||
| Dec 7, 2022 | Listed by COUNTRY LIVING REALTY, LLC | $140,000 | |
| Listed by COUNTRY LIVING REALTY, LLC | |||
| Oct 5, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017