7066 Lake Avenue
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 |
|---|---|---|---|
| Oct 1, 2025 | Sold | ||
| Sold | |||
| Aug 16, 2025 | In contract | - | |
| In contract | |||
| Aug 7, 2025 | Listed by Empire Realty Group | $199,500 | |
| Listed by Empire Realty Group | |||
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Nothing to do but move into this spacious 3-bedroom, 2 full bath Ranch with an open floor plan. Vinyl siding, Metal roof, 200-amp circuit breakers. Other features include an Oak kitchen with plenty of cabinets, a Living/Dining combo, and a 1st-floor laundry. A full walk-out basement can easily be finished.
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| Oct 17, 2022 | Sold | ||
| Sold | |||
| Sep 1, 2022 | Listed by Howard Hanna | $139,900 | |
| Listed by Howard Hanna | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017