949 Commodore Drive
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 |
|---|---|---|---|
| May 22, 2024 | Sold | ||
| Sold | |||
| Apr 30, 2024 | In contract | - | |
| In contract | |||
| Feb 22, 2024 | Listed by Lake Homes Realty, LLC | $2,750,000 | |
| Listed by Lake Homes Realty, LLC | |||
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WATERFRONT ACREAGE! There is not another property like this one on the entire lake. From the moment you drive down the gated, private drive onto the property, you know just how special it is. 6.65+/- acres, 520 ft of water frontage, wooded with open pasture, infinity edge pool, 2 primary suites, 2 guest bedrooms and a huge bunk room suite with its own self-contained hang out space and bathroom. Stunning Cape Cod style exterior, floor to ceiling windows across the entire back of the home, 2 living spaces, spacious screened porch, extensive stone and composite wooden decks, stone fire pit and a large covered patio. This property is UNRESTRICTED, fenced and cross-fenced and feels very private. And not to mention there is a 220 volt outlet in place to charge an electric car. There are just too many details to mention...the pictures tell the story much better! Call today to schedule your private tour.
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Property Highlights
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About Polk
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017