72 TRAVIS Place
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%.
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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 |
|---|---|---|---|
| Nov 6, 2017 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $449,000 | |
| Listed | |||
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One of the nicest locations on the lake. Over an acre of gently sloped lakefront with over 290 feet of shoreline which wraps around the peninsula. 1988 contemporary cedar with four bedrooms, 3 baths boasts a wrap around deck with panoramic waterfront views of the lake. The great room has a double sided limestone floor to ceiling fireplace, hardwood flooring in the dining room and walk out basement with wood stove. East and compact living on the lake, fantastic place to relax and enjoy the views and the property. Perfect for weekenders or a retirement home. Appraised above asking price. Motivated seller. The manager has listed the unit size as 1974 square feet.
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| Nov 9, 2016 | Listed by Heart Land Realty | $449,000 | |
| Listed by Heart Land Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017