643 Lanai Drive
About This Property
Located in a quiet, friendly neighborhood with access to a golf course, marina, and more, this home is a rare find near the lake. Don't miss your chance to own a piece of paradise in Runaway Bay!
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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 |
|---|---|---|---|
| Aug 25, 2025 | Sold | ||
| Sold | |||
| Jul 25, 2025 | In contract | - | |
| In contract | |||
| Jul 14, 2025 | Listed by Scottco Realty Group LLC | $289,000 | |
| Listed by Scottco Realty Group LLC | |||
| Feb 18, 2020 | Sold | ||
| Sold | |||
| May 24, 2019 | Listed by Ultima Real Estate | $219,000 | |
| Listed by Ultima Real Estate | |||
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Beautiful brand new 3-2-2 home ready for move-in . Easy access to Hwy and within walking distance to Lake Bridgeport. Home comes with upgraded features such granite counter tops, separate shower and tub, tile floors in kitchen and bathrooms, wood-look vinyl flooring, and much, much more. Note Fence is not included in purchase price.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017