1018 Lancaster Lake 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 |
|---|---|---|---|
| Mar 18, 2024 | Sold | ||
| Sold | |||
| Dec 17, 2023 | In contract | - | |
| In contract | |||
| Sep 1, 2023 | Listed by JLA Realty | $250,000 | |
| Listed by JLA Realty | |||
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Step into the warmth of home sweet home! This charming 2-story gem features 4 cozy bedrooms and 2.5 bathrooms, ensuring space and comfort for your family. With a brand-new roof, you'll enjoy peace of mind during rainy days. Appliances (refrigerator, washer and dryer) will stay. All room measurements are estimated and should be verified. Don't wait too long- this enchanting space is eager to welcome you and your family with open arms! Schedule your showing now!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017