121 Lippincott Road
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 |
|---|---|---|---|
| Jun 27, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | In contract | - | |
| In contract | |||
| Apr 1, 2024 | Listed by Arrowhead Realty | $725,000 | |
| Listed by Arrowhead Realty | |||
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Welcome home to this beautiful 4 bedroom colonial situated on 2 acres. Enjoy entertaining outside on your covered outdoor backyard patio with custom fire pit. Inside on the main floor you will find a large eat in kitchen with pantry, dining room, formal living room, laundry room, and family room and 1/2 bath. In addition to 4 bedrooms upstairs there is a large bonus room that has a separate entrance/exit to garage. The possibilities are endless with this extra space. The finished basement provides additional square footage and includes a home theater room with projector and 12 theater seats with risers. Additional features include an oversized 2 car garage with WiFi openers, shed, propane generator, water softener, central vac and intercom system. The owner has truly thought of every detail in this home. This home is a must see! Schedule your showing today!
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| Mar 23, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017