655 Lilac Lane
About This Property
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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 |
|---|---|---|---|
| Jun 10, 2024 | No longer available | - | |
| No longer available | |||
| Jan 25, 2024 | In contract | - | |
| In contract | |||
| Oct 30, 2023 | Listed by The Lake Resort Properties, LLC | $299,750 | |
| Listed by The Lake Resort Properties, LLC | |||
| | |||
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Home is now under construction and has a scheduled completion date of June 1, 2024 dependent upon weather conditions. Show anytime, no current lockbox. Home is all one level with 3 bedrooms, 2 baths, and a 2 car garage. There is no Bonus room at this home. The Lake Resort Properties does not hold Escrow Monies buyer attorney will hold. No Commission paid on buyers closing cost. The manager has listed the unit size as 1700 square feet.
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| Dec 19, 2022 | Sold | ||
| Sold | |||
| Nov 2, 2022 | Listed by RE/MAX SOUTHERN PROPERTIES LLC. | $15,000 | |
| Listed by RE/MAX SOUTHERN PROPERTIES LLC. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017