702 Lakeview Drive
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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 |
|---|---|---|---|
| Jul 27, 2021 | Sold | ||
| Sold | |||
| May 10, 2021 | Listed by Keller Williams Realty -SW | $250,000 | |
| Listed by Keller Williams Realty -SW | |||
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Located in highly sought after, historic part of Sugar Land - Cleveland Lake! Charming one-story on a beautiful, large lot with mature trees and lots of shade! Versatile lot - corner lot with short cul-de-sac street behind. This lot has street access on 3 sides. Covered patio, shady backyard! Hardwoods, tile, and carpet! One car garage has been converted to an additional room (works well as a playroom, gameroom, extra bedroom, or office). Indoor utility room. Recent roof. Low tax rate. No HOA. Short walk to new Lakeview Elementary that is under construction (expected completion January 2022)!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017