640 Potter Road
About This Property
In the living room you'll be comforted by an inviting high skylight ceiling with a large picture window overlooking your lush green yard and large long driveway with space for 6 cars/boat/RV, etc. Right off the living area is your den or home office/flex space with 7' closet and original Terrazzo flooring. This leads to the central dining room with a built-in dimmer lit hutch and glass shelves, perfect for displaying family treasures, as well as an extended shelf & 2 bar stools for additional seating! Well-appointed kitchen features plenty of electrical outlets, clean counters, Bosch Dishwasher, and above the double sink is a shelf complete with grow light for your kitchen garden. White cabinets and drawers, pantry cabinets & extra storage; access to the private side porch perfect for grilling & outdoor dining. The laundry room is off the kitchen, has new Whirlpool Cabrio steam Washer & steam Dryer, with additional storage shelving.
Additional notable features include: Available natural gas, easement path to intracoastal for lounging and fishing, and tropical landscaping with many large Royal Palm trees
A true florida gem on a quiet "U" street. Must see!
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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 |
|---|---|---|---|
| Dec 12, 2025 | Sold | ||
| Sold | |||
| Nov 10, 2025 | In contract | - | |
| In contract | |||
| Oct 30, 2025 | Price Decreased |
$625,000
↓ $25K
(3.9%) | |
| Price Decreased | |||
| Oct 27, 2025 | Price Decreased |
$650,000
↓ $25K
(3.7%) | |
| Price Decreased | |||
| Oct 23, 2025 | Price Decreased |
$675,000
↓ $25K
(3.6%) | |
| Price Decreased | |||
Property Highlights
Building Info
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About Lakeside Gardens
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017