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Map
923 Modac Drive
About This Property
Mohawk lake is NON-MOTOR boats but Lake Tasani is MOTORIZED boats.
This one is priced for vision and sweat equity . The lot is a standout, wtih natural rock for added character, and a boat dock is already in place, just needing repair or a rebuild to bring it back to life.
Inside, a huge family room anchors the main level alongside a primary suite with its own ensuite bath. The basement adds two large bonus rooms plus a 2-car garage -- serious space for entertainment or casual living.
Approved for a 2 br septic system. 1987. No other records located.
As part of the Lake Tasani POA, owners enjoy community lake access. Indoor/Outdoor pools, lake access, beach access, volleyball, pickle ball, basketball, pavilions and more!
Sold as-is; ideal for cash buyers or renovation financing.
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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 |
|---|---|---|---|
| Aug 19, 2026 | Sold | ||
| Sold | |||
| Jul 9, 2026 | Listed by Pace Probity Asset Management | $324,900 | |
| Listed by Pace Probity Asset Management | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017