85 MONARCH COVE LANE Lane #5D
About This Property
The manager has listed the unit size as 1200 square feet.
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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%.
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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 |
|---|---|---|---|
| Mar 24, 2023 | No longer available | - | |
| No longer available | |||
| Feb 17, 2023 | Listed | $380,000 | |
| Listed | |||
| | |||
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Welcome to lakefront living with panoramic views of the lake and landscapes! Designed to capture the natural beauty of this destination location on the shores of the Lake of the Ozarks, this 3 Bedroom + 2 Bathroom condo is the perfect lifestyle asset or investment. Located on the 5th floor, the open plan w/ 9' ceilings offers scenic views of the lake from the covered screened-in deck, Kitchen, Living Area & Owners Suite. The elevators + connecting walkways to 3 pools & docks makes the transition to lakelife seamless. Outdoor table, dining table + breakfast bar allow for plenty of seating for guests. The spacious condo with white cabinets, neutral colors and accent lighting allow for a modern + fresh look throughout. This immaculate turn-key condo is ready for finishing touches & guests. Conveniently located lake and land near entertainment, shopping, golf & dining! Pack your bags, your lake life begins in Monarch Cove! Note: Seller will pay the Special Assessment at closing. The manager has listed the unit size as 1200 square feet.
| |||
| Dec 17, 2021 | No longer available | - | |
| No longer available | |||
| Nov 17, 2021 | In contract | - | |
| In contract | |||
| Nov 13, 2021 | Listed | $360,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/07/2023
|
3 Bed
|
2 Bath
|
1200 ft²
|
$410,000
3 Bed
2 Bath
1200 ft²
|
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-
|
RYAN GATTERMEIR
EXP Realty, LLC
| |
|
02/17/2023
|
3 Bed
|
2 Bath
|
1200 ft²
|
$380,000
3 Bed
2 Bath
1200 ft²
|
-
-
|
Kristine Sewing Knobbe
Berkshire Hathaway Select
| |
|
01/04/2022
|
3 Bed
|
2 Bath
|
1200 ft²
|
$345,000
3 Bed
2 Bath
1200 ft²
|
-
-
|
JEAN-CHRISTOPHE TORRES
Keller Williams L.O. Realty
| |
|
11/13/2021
|
3 Bed
|
2 Bath
|
1200 ft²
|
$360,000
3 Bed
2 Bath
1200 ft²
|
-
-
|
DANIEL T BOWLIN
Dielmann Sotheby's International Realty
| |
|
07/17/2020
|
3 Bed
|
2 Bath
|
1200 ft²
|
$265,000
3 Bed
2 Bath
1200 ft²
|
-
-
|
-
| |
|
10/17/2018
| |
3 Bed
|
2 Bath
|
1145 ft²
|
$224,900
3 Bed
2 Bath
1145 ft²
|
-
-
|
-
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017