994 LAKERIDGE Drive
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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%.
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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 30, 2025 | Sold | ||
| Sold | |||
| May 3, 2025 | In contract | - | |
| In contract | |||
| Feb 20, 2025 | Listed by EXIT INSPIRED REAL ESTATE | $425,000 | |
| Listed by EXIT INSPIRED REAL ESTATE | |||
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Dreams come true with this renovated brick home that sits on a HUGE 0.6 acre lot nestled at the end of a cul-de-sac! This charming home has been thoughtfully upgraded, offering the perfect blend of modern convenience and timeless appeal. The 2019 updates include a NEW roof, NEW A/C unit, NEW water heater, NEW electric panel, and NEW windows... ensuring peace of mind for years to come. More recent 2024 updates add even more value with fresh interior and exterior paint, sleek new kitchen appliances, a custom-built back porch perfect for relaxing, and a stylish new wood fence for added privacy. Inside, the modern kitchen is a chef's dream, and the open-concept layout makes entertaining a breeze. With three spacious bedrooms and two beautifully appointed bathrooms, this home is designed for both comfort and style. Don't miss your chance to own this move-in-ready gem in a fantastic location—schedule your showing today!
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| Jul 8, 2024 | Sold | ||
| Sold | |||
| Apr 15, 2024 | Listed by FLORIDA LIFE REALTY AND INVESTMENTS, LLC. | $407,500 | |
| Listed by FLORIDA LIFE REALTY AND INVESTMENTS, LLC. | |||
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About Lakeside
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017