84 Pine Orchard Road
About This Property
Lake Forest Homeowners Association including a deeded dock space for a 23 foot boat ( no pontoon boats) and beachfront with lawn and clubhouse. This 3 bedroom 2 bath home has an enclosed sun room with electric heat, new central air and furnace rebuilt (2022), new roof (2021) an automatic stand by generator and a gas fireplace. It is situated on a 1.15 acre very private lot.
Maintenance fee of $300 annually for the lakefront. There is no HOA fee.
The basement is partially finished with insulation and sheetrock installed.
On the Hague town sewer.
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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 |
|---|---|---|---|
| Dec 4, 2024 | Sold | ||
| Sold | |||
| Aug 7, 2024 | In contract | - | |
| In contract | |||
| Aug 2, 2024 | Relisted | $745,000 | |
| Relisted | |||
| Jul 13, 2024 | In contract | - | |
| In contract | |||
| Jul 11, 2024 | Relisted | $745,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017