824 LAKE SHORE Terrace
About This Property
1 OR 2 bdrms/1 bath, wheelchair/scooter accessible block house WITH attached 1bdrm/1bth apartment(minus kitchen) & 1car garage. Enjoy the LAKEVIEW from inside or from the relaxing covered porches. Plenty of fish(cat, bass, bluegill) to catch from private, covered dock (with H20 & electric) or grab a boat & explore the 2 accessible lakes. Includes 2 storage sheds(one of which is 8x10)& a variety of fragrant & fruitful trees. PRICED FOR QUICK SALE!
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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 |
|---|---|---|---|
| May 30, 2012 | Sold | ||
| Sold | |||
| Oct 28, 2011 | Listed by SUN CITY REALTY | $88,000 | |
| Listed by SUN CITY REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017