1306 Lambourne Circle
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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 8, 2023 | Sold | ||
| Sold | |||
| Aug 8, 2023 | Listed by Compass RE Texas, LLC | $500,000 | |
| Listed by Compass RE Texas, LLC | |||
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Spacious living with this updated, full brick 1 story with a saltwater pool/spa/waterfall, frontload 3 car garage is detached with an extended driveway and cul-de-sac location. Steps to neighborhood pool, lake, clubhouse and tennis courts. Easy walk to Hassler elementary for the kiddos. Updates include Kitchen, baths, roof, full HVAC replacement, newer Pella double pane windows, HWH and the list goes on. Oversized dining room with elegant fireplace and brass chandelier. Open concept kitchen to den with fireplace and great backyard pool views. Remodeled Kitchen with loads of counter and storage space, Bosch and KitchenAid appliances, LED lighting. Split plan primary bedroom with double closets, updated primary bath with quartz countertops, new tile flooring and new shower area.5th BR could easily be study. Pergola covered patio and lush, colorful backyard. One block to Sotherloch and Gleannloch Lake for walking trails, catch and release fishing. Check out the update list online.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017