998 Pleasure Rd
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 |
|---|---|---|---|
| Sep 23, 2025 | Sold | ||
| Sold | |||
| Aug 19, 2025 | In contract | - | |
| In contract | |||
| Aug 6, 2025 | Listed by Keller Williams Alcoa | $245,000 | |
| Listed by Keller Williams Alcoa | |||
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Here it is, and the sellers are motivated! 3-bedroom, 2-bath home situated on 2.56 acres (two lots) in Fantasy Shores close to Douglas lake! Just a little updating will bring it to life. This home has an open and spacious kitchen complete with a island cooktop, wall oven, and separate eating area. The kitchen is open to the large den with a cozy stackstone fireplace. The living room / dining room combination provides that extra space for everyone to gather. The spacious primary bedroom and bathroom is complete with a large soaking tub, separate walk-in shower, and vanity with double sinks. You can sit out on your large covered front porch and enjoy the views! There's a separate covered porch off of the den too. This property is being sold with the adjoining 1.34 acre lot giving you a total of 2.56 acres of room to roam. There is also a 12x18 shed with electric supply. The roof was replaced in 2023. *Drone photography used in some photographs.
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| Jul 16, 2025 | No longer available | - | |
| No longer available | |||
| May 20, 2025 | Price Decreased |
$299,500
↓ $20K
(6.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017