89 Lake St
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Oct 10, 2024 | No longer available | - | |
| No longer available | |||
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Aug 6, 2024 | In contract | - | |
| In contract | |||
| Aug 1, 2024 | Listed by Byrnes Real Estate Group LLC | $479,999 | |
| Listed by Byrnes Real Estate Group LLC | |||
| | |||
|
Welcome to 89 Lake Street! This home has been meticulously maintained throughout the years with many updates to boast about! The open floor plan, large exterior deck, and inground pool (with a brand new liner) make this home great for entertaining. Plus, easy access to major highways ensures convenient commuting. This home was once a multi family, transitioned into a single family home and can be easily converted back to a multi family home, creating an investment property; the options are endless!
| |||
| Jul 30, 2024 | Delisted | - | |
| Delisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017