809 W Lake Drive
About This Property
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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 6, 2021 | Sold | ||
| Sold | |||
| Apr 16, 2021 | Listed by Ward Wight Sotheby's International Realty | $3,299,000 | |
| Listed by Ward Wight Sotheby's International Realty | |||
| Jun 19, 2015 | Sold | ||
| Sold | |||
| Feb 16, 2015 | Listed by Berkshire Hathaway HomeServices Signature Properties | $2,499,000 | |
| Listed by Berkshire Hathaway HomeServices Signature Properties | |||
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Be ready for summer and enjoy the views of The Spring Lake from this tastefully
appointed home. Renovated first floor master suite with large walk in
closet and master bath with open shower area. Large great room features gas
fireplace, picture window lake views and French doors on to a fieldstone patio.
Bright open kitchen features a custom wood top center island, built in high end
appliance package including; espresso machine, warming drawer, and double ovens.
Upstairs also has lake views and plenty of room for family and friends, with
three additional bedrooms and two full baths. Bonus features include, a three
floor elevator, natural gas backup generator, multi zone high efficiency hot
water baseboard heat, two zone central air conditioning.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017