6489 SE Lake Circle
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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%.
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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 12, 2018 | Sold | ||
| Sold | |||
| Aug 14, 2018 | Listed by Waterfront Properties Inc | $349,900 | |
| Listed by Waterfront Properties Inc | |||
| Dec 1, 2016 | Sold | ||
| Sold | |||
| May 6, 2016 | Listed by Water Pointe Realty Group | $280,000 | |
| Listed by Water Pointe Realty Group | |||
| | |||
|
PRICED $10,000 BELOW APPRAISAL!! Beautifully remodeled block home on 1/2 acre w/room for boats, trailers, RV, & NO HOA. There is a 720 square foot building on the property w/new impact windows & new A/C system; could be used as an office, workshop, man cave, or converted into a guest house/rental apartment. The gorgeous kitchen features granite, stainless, glass/stone backsplash, breakfast bar, & KraftMaid Cabinets. The spacious master bedroom has room for a king size bed & has a walk-in closet. The HUGE screened in back patio is great for entertaining. Samsung washer/dryer in the giant laundry room. Two min ride to I-95, boat ramp, walking disance to Walgreens, Publix, dining, shopping. Room for pool. New AC system. Total of 2802 square feet w/2319 square feet under Air!
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| Mar 16, 2016 | Sold | ||
| Sold | |||
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About Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017