109 Lemley 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 |
|---|---|---|---|
| Aug 2, 2021 | Sold | ||
| Sold | |||
| Jul 1, 2021 | Listed by Keller Williams Central | $279,900 | |
| Listed by Keller Williams Central | |||
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A lake breeze wafts over this home on a quarter acre lot, built in '05 & tirelessly improved since. It's comfortable & dependable, retaining modern luxuries & also timeless. It's extremely well-built, & has served as a refuge for its current owner, who's only the 2nd owner! It's the perfect size for a small family; the whole bunch can gather up into a golf cart or scamper on over to Terry Park, which sits directly across Terry Lane. It boasts a beautiful & functional layout, with a kitchen that flows nicely into a formal dining room while also overseeing the living room, anchored by a classy fireplace & a lovely view of the backyard, shaded by mature trees & a sturdy patio covering. It's all so nice! Come see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017