717 County Road 136B
About This Property
Nestled at the beginning of a wide-mouth channel, just off Open Water, this 2020-built manufactured home offers a modern, open-concept design with an abundance of natural light and a relaxed, lakeside feel. Featuring three bedrooms, two bathrooms, plus a bonus room, this home provides ample space for comfortable living. The kitchen is a standout, complete with an island, pendant lighting, and wood-look plank laminate flooring that extends throughout the common areas. Step outside to enjoy the outdoors with a private, one-stall concrete boat slip equipped with an electric lift, installed in 2020. A concrete landing area by the slip is perfect for relaxing by the water, sunbathing, or storing lake toys. The property also boasts a fenced side yard, a concrete retaining wall along the water, and a wide sidewalk for easy access to the lakefront. This turn-key home is a rare find in such great condition, offering both affordability and proximity to open water. Furnishings and appliances are included, so you can move right in and start enjoying lake living. Don't miss the chance to make this charming lakeside retreat your own!
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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 |
|---|---|---|---|
| Dec 13, 2024 | In contract | - | |
| In contract | |||
| Nov 19, 2024 | Listed by Zina & Co. Real Estate | $595,000 | |
| Listed by Zina & Co. Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017