11518 Legend Manor Drive
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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%.
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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 |
|---|---|---|---|
| Dec 29, 2023 | Sold | ||
| Sold | |||
| Dec 16, 2023 | In contract | - | |
| In contract | |||
| Jul 26, 2023 | Listed by Lacey Cannon Properties | $673,000 | |
| Listed by Lacey Cannon Properties | |||
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Expansive and bright 1 story, David Powers home with 3 bedrooms plus study within guard gated Royal Oaks Country Club! A rare find, this sensational one owner home showcases a layout that offers extremely substantial spaces and an open concept space with a flow ideal for entertainment. The large foyer is flanked by 2 secondary bedrooms with full bath and study with ½ bath and large utility room on adjacent side, ideal for guests’ privacy. The living room is sprawling and bright with high tray ceilings, floor to ceiling windows, private wet bar, gas log fireplace and connects to formal dining and lovely kitchen. The kitchen can accommodate any foodie with stone island, oven with warming drawer, gas cooktop and an abundance of cabinetry. The primary bedroom is distinctive with floor to ceiling, curved windows out to private backyard offering extra space for sitting area. Jaw dropping in size, the primary en suite bath and closet are magnificent with unbelievable storage and built ins.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017