12 Lyncrest 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 |
|---|---|---|---|
| Jan 6, 2025 | Sold | ||
| Sold | |||
| Dec 8, 2024 | In contract | - | |
| In contract | |||
| Nov 24, 2024 | Listed by Tu Tran | $289,000 | |
| Listed by Tu Tran | |||
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|
Recently renovated. Updates include: new roof, kitchen counter top, master bathroom. Home backs into green space. No neighbors behind which gives you privacy to enjoy the back yard and wood deck. Quiet neighborhood. The home is in the highly sought after Lyncrest Manor. Upon entrance into the home you are warmly greeted by bamboo floors & a bright, open floor plan seamlessly connecting the living area to the kitchen & the sunny backyard. In 2011 the previous owners updated the electrical, plumbing, water heater, attic insulation, & windows. In 2021 the HVAC was replaced. The bonus room offers a great opportunity as an office/study or media room. The location of this home is great for UTMB students & employees. Imagine going to beach, The Strand, and restaurants on your bicycle or scooter.
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| Nov 1, 2024 | No longer available | - | |
| No longer available | |||
| Aug 30, 2024 | Price Decreased |
$294,500
↓ $5K
(1.7%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017