7798 KINGSLEY Drive
About This Property
It is a great place to relax on the front deck or enjoy the large, beautiful back yard including two (2) Sheds for extra storage or workshop. New metal roof and spacious 2 car garage. Come and enjoy the lake life, with Association docking on private All-sports 622-acre Loch Erin all in the Heart of the Irish Hills. 13 parks, swimming beaches, boat ramp, picnic pavilions playground and basketball/pickleball courts. Great location easy access to M-50, close to Brooklyn, Onsted and Tecumseh. Call today for your private showing.
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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 25, 2023 | Sold | ||
| Sold | |||
| Jul 17, 2023 | Listed by RE/MAX IRISH HILLS REALTY | $249,900 | |
| Listed by RE/MAX IRISH HILLS REALTY | |||
| Oct 24, 2019 | No longer available | - | |
| No longer available | |||
| Aug 14, 2019 | Listed | $139,900 | |
| Listed | |||
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Lake access to Loch Erin. 3 Bedrooms 2 bath, w/master bath. Attached 2 car garage on crawl space. HOA dues $175 per year, includes use of parks and private member boat launch. Dock space can be leased @ $100 per season. The manager has listed the unit size as 1248 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017