98 Lake Shore Drive
About This Property
Enjoy your summer at the lake house and move right into this corner ranch located right across from Putnam Lake. This 2 bedroom 2 bath has oak floors throughout, a spacious living room and an eat-in kitchen with a 10x10 porch. The backyard is large and fenced in with a shed for storage + a full basement with a 3 car garage and ample driveway parking (garage door is new). Access to dock and four beaches. Roof is 5 years old. Mechanicals for 2nd bathroom is in basement. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:3 Car Attached,
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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 |
|---|---|---|---|
| Sep 15, 2022 | Sold | ||
| Sold | |||
| Jul 26, 2022 | Sold | ||
| Sold | |||
| May 14, 2022 | Listed by Insignia Realty Associates | $305,000 | |
| Listed by Insignia Realty Associates | |||
| Jul 10, 2014 | Sold | ||
| Sold | |||
| Jan 7, 2014 | Listed by Insignia Realty Associates | $179,900 | |
| Listed by Insignia Realty Associates | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017