1207 Lynn Lane
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 7, 2021 | Sold | ||
| Sold | |||
| Aug 4, 2021 | Listed by Direct Real Estate Group | $237,500 | |
| Listed by Direct Real Estate Group | |||
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Located in the established neighborhood of Memorial Glen on a tucked-away street with no thru-traffic, this home has been recently renovated throughout with fresh paint interior (2021) and exterior (2018), luxury vinyl plank flooring, new stainless appliances and soft-close cabinets in the kitchen. Master suite features double vanity and two walk-in closets. Brand new roof! Full irrigation system front and back w/ great landscaping featuring beautiful crepe myrtles and mature hardwoods. Full wraparound rain gutters with gutter guard. Smart thermostat and solar screens on windows for energy efficiency. Low property taxes, no HOA fees, and walking distance to schools!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017