8335 Twin Lake Drive
About This Property
Private community of Long Lake Estates..
This Sprawling Estate is situated on a 1 acre Premium lot with Breathtaking water views..
3 Car Garage, Pavered circular Driveway.
Long Lake Views from all main living areas. Two Master Suites one upstairs and one Downstairs.. Huge Kitchen and Family Room .. Nice Bar area perfect for entertaining... Outside Gazebo, Gorgeous Landscaping, Huge back yard leading to the lake. Avocado Tree.
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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 |
|---|---|---|---|
| May 31, 2019 | Sold | ||
| Sold | |||
| Oct 29, 2018 | Listed by RE/MAX Services | $1,599,900 | |
| Listed by RE/MAX Services | |||
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About Long Lake Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017