7873 STATE ROAD 21
About This Property
Opportunity awaits on beautiful Lake Geneva! This 2 bedroom, 2 full bath home sits on a .30-acre lake lot and offers a back porch that could potentially be converted into a 3rd bedroom, ready for you to make it your own.
Property is on city water with private septic.
Cash offers only. No owner financing or creative financing. No sight-unseen offers.
All material facts are unknown. Buyer to conduct their own due diligence. Home requires a full remodel and is being sold as-is.
Great opportunity for investors or buyers looking to add value in the Lake Geneva area.
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 5, 2026 | Sold | ||
| Sold | |||
| Apr 20, 2026 | In contract | - | |
| In contract | |||
| Apr 2, 2026 | Price Decreased |
$139,990
↓ $5K
(3.5%) | |
| Price Decreased | |||
| Mar 6, 2026 | Price Decreased |
$145,000
↓ $14K
(8.8%) | |
| Price Decreased | |||
| Feb 19, 2026 | Listed by EXIT INSPIRED REAL ESTATE | $159,000 | |
| Listed by EXIT INSPIRED REAL ESTATE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017