8 Deer Lake Drive
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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 21, 2024 | Sold | ||
| Sold | |||
| May 18, 2024 | In contract | - | |
| In contract | |||
| Apr 24, 2024 | Listed by Coldwell Banker American Homes | $619,000 | |
| Listed by Coldwell Banker American Homes | |||
| | |||
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Welcome home to this beautiful 3 bedroom, 1.5 bath expanded cape nestled on a corner property in the Deer Lake section of North Babylon. The updated kitchen flows into the open dining room and living room. The first floor has a nice playroom/office area and a den with fireplace. Sliders from both the kitchen and den provide easy access to the large deck and yard with newly installed vinyl fence.
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| Sep 2, 2022 | Sold | ||
| Sold | |||
| Jun 21, 2022 | Sold | ||
| Sold | |||
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017