844 Ottawa Way
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 |
|---|---|---|---|
| Jul 3, 2024 | Sold | ||
| Sold | |||
| Jun 21, 2024 | In contract | - | |
| In contract | |||
| Jun 3, 2024 | Relisted | $750,000 | |
| Relisted | |||
| May 29, 2024 | In contract | - | |
| In contract | |||
| May 8, 2024 | Listed by Group Mulberry | $750,000 | |
| Listed by Group Mulberry | |||
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Relax and unwind at your lakefront, Scandinavian chinkless log home. This beautiful home has been updated and incredibly well maintained and offers a picturesque setting with lake views and easy access to the shoreline, via gentle terrain, directly from your lot. There is a main floor primary bedroom with a large loft area up and a huge lower level rec room providing ample sleeping areas along with two 3/4, and one full bath. You'll love the spacious covered deck with a soaring roof to take in the views and enjoy the mountain setting. Enjoy fishing and non motorized activities right out your door. Close proximity to Roosevelt National Forest and all it has to offer in ATV trails, hiking and wildlife viewing. This special home has its own well and septic systems and features an oversized 2 car garage as well as a storage shed. Being offered turnkey with all furnishings other than the excluded items in the garage area. Also includes your own Starlink wifi set up. You will not want to miss seeing this truly special offering.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017