687 Quail Roost Drive
About This Property
Exterior features include: Wrap around covered porch with sweeping lake views; boat dock with double covered boat storage ; gently sloping yard between house and dock for easy access; play set; storage shed; firepit; gutter guards; Approx 8-9' water depth around dock.
Interior features include: Wood burning fireplace (gas line is present if buyer would like to install gas logs); plantation shutters; two kitchens, two living spaces; two laundry areas with stack washer/dryers included; furniture in back half of house (closest to lake) conveys in sale.
The perfect relaxing retreat, just 45 minutes from Hillsborough and approximately 1 hour from Burlington ,Chapel Hill or Durham.
Roof on house and boat house approx 13 years old; exterior paint approx 3 years old. Charming cottage tucked away on a cove on the northern shore of Hyco Lake. This versatile floor plan has so much to offer! It functions well as one 4-bedroom home or can be used as two separate 2 bedroom units, each with their own entrance. Perfect for groups to have a relaxing get away together but with your own private space. .74 acre lot with approx 100' of shore line. Exterior features include: Wrap around covered porch with sweeping lake views; boat dock with double covered boat storage ; gently sloping yard between house and dock for easy access; play set; storage shed; firepit; gutter guards; Approx 8-9' water depth around dock. Interior features include: Wood burning fireplace (gas line is present if buyer would like to install gas logs); plantation shutters; two kitchens, two living spaces; two laundry areas with stack washer/dryers included; furniture in back half of house (closest to lake) conveys in sale. The perfect relaxing retreat, just 45 minutes from Hillsborough and approximately 1 hour from Burlington ,Chapel Hill or Durham. Roof on house and boat house approx 13 years old; exterior paint approx 3 years old.
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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%.
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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 |
|---|---|---|---|
| Aug 14, 2024 | Sold | ||
| Sold | |||
| Apr 15, 2024 | Listed by Hill Barbour Realty | $599,900 | |
| Listed by Hill Barbour Realty | |||
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Charming cottage tucked away on a cove on the northern shore of Hyco Lake. This versatile floor plan has so much to offer! It functions well as one 4-bedroom home or can be used as two separate 2 bedroom units, each with their own entrance. Perfect for groups to have a relaxing get away together but with your own private space. .74 acre lot with approx 100' of shore line.
Exterior features include: Wrap around covered porch with sweeping lake views; boat dock with double covered boat storage ; gently sloping yard between house and dock for easy access; play set; storage shed; firepit; gutter guards; Approx 8-9' water depth around dock.
Interior features include: Wood burning fireplace (gas line is present if buyer would like to install gas logs); plantation shutters; two kitchens, two living spaces; two laundry areas with stack washer/dryers included; furniture in back half of house (closest to lake) conveys in sale.
The perfect relaxing retreat, just 45 minutes from Hillsborough and approximately 1 hour from Burlington ,Chapel Hill or Durham.
Roof on house and boat house approx 13 years old; exterior paint approx 3 years old. Charming cottage tucked away on a cove on the northern shore of Hyco Lake. This versatile floor plan has so much to offer! It functions well as one 4-bedroom home or can be used as two separate 2 bedroom units, each with their own entrance. Perfect for groups to have a relaxing get away together but with your own private space. .74 acre lot with approx 100' of shore line. Exterior features include: Wrap around covered porch with sweeping lake views; boat dock with double covered boat storage ; gently sloping yard between house and dock for easy access; play set; storage shed; firepit; gutter guards; Approx 8-9' water depth around dock. Interior features include: Wood burning fireplace (gas line is present if buyer would like to install gas logs); plantation shutters; two kitchens, two living spaces; two laundry areas with stack washer/dryers included; furniture in back half of house (closest to lake) conveys in sale. The perfect relaxing retreat, just 45 minutes from Hillsborough and approximately 1 hour from Burlington ,Chapel Hill or Durham. Roof on house and boat house approx 13 years old; exterior paint approx 3 years old.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017