81 Pepe Road
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 |
|---|---|---|---|
| Jun 5, 2023 | Sold | ||
| Sold | |||
| Apr 14, 2023 | Listed by Harry Norman REALTORS | $2,795,000 | |
| Listed by Harry Norman REALTORS | |||
| Dec 3, 2022 | No longer available | - | |
| No longer available | |||
| Sep 7, 2022 | Price Decreased |
$2,795,000
↓ $155K
(5.3%) | |
| Price Decreased | |||
| Jun 9, 2022 | Listed by Harry Norman, Realtors Luxury Lake and Mountain | $2,950,000 | |
| Listed by Harry Norman, Realtors Luxury Lake and Mountain | |||
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Nestled in a cove with ridge line mountain views, this charming 4BD/4 ba lakefront cottage features white tongue and groove walls and ceilings, pine flooring and exposed rafters. The kitchen offers stainless appliances, hammered copper farmhouse sink, stained concrete countertops, a dining area for 6+, and French doors leading to screened dining porch overlooking the lake. A wet bar with copper sink, under counter fridge and wine storage accesses the kitchen and living room. The living room offers a generous seating area around a stone fireplace with a wall of sliding glass doors showcasing the lake view. The owner's suite includes a private bath with slate tiled shower and a private lakeside screened porch. A main floor guest bedroom, full bath, laundry room, 2 car garage and lakeside rocking chair deck finish out the main level. The lower level includes a bunk area with full bath and a guest bedroom with access to a full bath, each space providing sliding doors that lead out to covered porches and a lakeside deck. The lakefront offers a flat yard with fire pit and a 2-stall boathouse. Just minutes away from Waterfall Country Club. The manager has listed the unit size as 2020 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017