704 Lakeside 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 |
|---|---|---|---|
| Aug 2, 2021 | Sold | ||
| Sold | |||
| Jul 10, 2021 | Listed by Ebby Halliday, REALTORS | $150,000 | |
| Listed by Ebby Halliday, REALTORS | |||
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Multiple offers, highest and best due by 1 pm, July 14, 2021. Charming driveup with mature trees! Nice established neighborhood by City Lake Park! Convenient location! Great opportunity! 2 storage buildings in the backyard! Clean and tidy home needs some updating! Home to be sold as is, Seller will do no repairs! Cash offers only! No blind offers! No showings until July 11, 2021.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017