85 Channel Dr
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 |
|---|---|---|---|
| Dec 16, 2022 | Sold | ||
| Sold | |||
| Nov 23, 2022 | In contract | - | |
| In contract | |||
| Nov 9, 2022 | Listed by Century 21 North East | $350,000 | |
| Listed by Century 21 North East | |||
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Welcome to Lake Holland and your opportunity to purchase this lake front oasis. Enjoy the 4 seasons relaxing on your enclosed heated porch and enjoying the views and wild life or head outside and get a closer look. Inside you can enjoy a spacious living room, a full bath on each floor and 3+ bedrooms. The home office space gives you great views and space to cultivate creativity and productivity. If you need more room the full basement can be your opportunity to expand. Lake Holland is a motor free lake so you can enjoy swimming, kayaking or whatever you like on the quiet tranquil water. The home is move in ready but the savvy buyer will realize there is much more potential and value with a little inspiration. Seller has never lived at property . First showings at Open House Nov 13 11:00- 1:00
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017