85 W OLCOTT LAKE RD
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 |
|---|---|---|---|
| Oct 31, 2017 | Sold | ||
| Sold | |||
| Jul 13, 2017 | Listed | $204,900 | |
| Listed | |||
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Spacious 4 bdrm, 2 bath home offering deeded lake access to Olcott Lake, on a chain of 9 lakes! Tri-level floor plan w/newer laminate flooring in open kitchen & dining area, updated kitchen w/large granite topped island, stainless appliances included. Freshly painted and new carpeting throughout home, convenient main floor bedroom and full bath, 2nd floor Master Suite is set up as a "Loft" space which could easily be enclosed for more privacy if desired. Finished lower level makes for a great gathering space/rec room, plus laundry is on this level w/washer dryer included. Back two bedrooms are in a newer back addition to the home. Large deck overlooking private, wooded back lawn, 2+ acres, two sheds plus a basketball court too! Take a look and you just might "call this one home" - get ready to enjoy summer on the lake in a quiet neighborhood setting!The manager has listed the unit size as 1828 square feet.
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| May 22, 2017 | Listed by ERA REARDON REALTY, L.L.C. | $204,900 | |
| Listed by ERA REARDON REALTY, L.L.C. | |||
| Jul 18, 2012 | Sold | ||
| Sold | |||
| Jun 14, 2012 | Listed by ERA REARDON REALTY, L.L.C. | $184,900 | |
| Listed by ERA REARDON REALTY, L.L.C. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017