12319 Lariat Run Drive
About This Property
Beautiful maintained one-story home in the community of Legacy Park. Built in 2023, this traditional brick and cement board property offers an inviting open-concept design that maximizes every square foot. Step through the foyer into a bright, spacious living area that seamlessly flows into the gourmet island kitchen, featuring a corner walk-in pantry, modern appliances, and a light-filled dining space perfect for entertaining. The privately situated primary suite overlooks the backyard and boasts a generous walk-in closet and an en-suite bathroom. Two additional secondary bedrooms share a full bath, completing a highly functional split-floorplan layout. High ceilings and a neutral color palette enhance the open feel throughout. Enjoy the covered back patio and a fenced backyard, ideal for outdoor relaxation. Packed with energy-efficient highlights including a tankless water heater, digital thermostat, and low-E windows. Convenience indoor utility room.
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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 |
|---|---|---|---|
| Aug 4, 2026 | Price Decreased |
$270,000
↓ $10K
(3.6%) | |
| Price Decreased | |||
| Jun 26, 2026 | Price Decreased |
$280,000
↓ $10K
(3.5%) | |
| Price Decreased | |||
| Jun 12, 2026 | Listed by 5th Stream Realty | $290,000 | |
| Listed by 5th Stream Realty | |||
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About Harris
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Last Updated: 3 months ago
Data Source: HAR , MLS# 83522030
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017