A-8 Private Road 8698
About This Property
acre spring-fed lake that is privately owned and maintained by the property owners' association. All subdivision
properties require membership in the POA and are governed by current property restrictions, which are minimal.
Monthly membership dues are used primarily for road maintenance. Common areas for resident use include boat ramp
& club house. * No survey available. All maps, plats and drawings are for illustration only and cannot be taken as
survey or fact regarding roads, easements, fences, and boundary lines. Information provided deemed reliable but not
guaranteed and should be verified by Buyer and Buyer's agent.
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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 |
|---|---|---|---|
| Apr 11, 2023 | Sold | ||
| Sold | |||
| Aug 21, 2022 | Listed by Fathom Realty LLC | $19,500 | |
| Listed by Fathom Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017