628 W Lake Drive
About 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 |
|---|---|---|---|
| Oct 17, 2026 | Price Decreased |
$49,900
↓ $9K
(14.7%) | |
| Price Decreased | |||
| Sep 17, 2026 | Listed by KW SYNERGY* | $58,500 | |
| Listed by KW SYNERGY* | |||
| Mar 2, 2020 | Sold | ||
| Sold | |||
| Feb 6, 2020 | Listed by EKDAHL-NELSON REAL ESTATE | $37,850 | |
| Listed by EKDAHL-NELSON REAL ESTATE | |||
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Great First Home or Investment property!
Large kitchen, Large utility room and perfect for a family! Just a little repair here and there and this can work well for your next home! Huge carport and good location... Seller Financing Available! Call for Details!
BUYER or BUYERS AGENT to verify all information.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017