8 Marlene 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%.
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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 |
|---|---|---|---|
| May 25, 2021 | Sold | ||
| Sold | |||
| May 10, 2021 | Listed by RE/MAX 360 By The Lake | $32,500 | |
| Listed by RE/MAX 360 By The Lake | |||
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Ready to build your seasonal cottage or year round home in Alton Shores just steps away from a nice sandy sunny beach and is located on a paved road? This lot has filtered views of Sunset Lake and deeded beach rights to 90 acre Hills Pond and 250 acre Sunset Lake. Lot has been surveyed and septic design is in process. Located in the Lakes Region in desirable low tax Alton Bay near skiing, hiking, restaurants, shopping and more.
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| Mar 21, 2017 | Sold | ||
| Sold | |||
| Oct 11, 2016 | Listed by BHHS Spencer-Hughes Real Estate | $10,000 | |
| Listed by BHHS Spencer-Hughes Real Estate | |||
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Last Updated Date: 2017-03-21
Last Checked: less than 1 hour ago
Data Source: Prime MLS, MLS# 4602805
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017