138 Lounsbury Dr
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 |
|---|---|---|---|
| May 12, 2025 | Sold | ||
| Sold | |||
| Apr 9, 2025 | In contract | - | |
| In contract | |||
| Apr 1, 2025 | Listed | $1,200,000 | |
| Listed | |||
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Stately Contemporary home exudes elegance and sophistication. Enter through a grand two-story foyer with a sweeping bridal staircase that sets the tone for this exquisite home. The gourmet kitchen, with a gas range, second oven, and indoor grill, flows seamlessly into the fireplaced family room with soaring cathedral ceilings and walls of windows—perfect for entertaining. The expansive primary suite offers a spa-like bath & walk-in closet large enough for the most extensive wardrobe. The finished walk-out lower level presents endless possibilities for multi-generational living or recreation. A circular driveway, three-car garage, and irrigated grounds enhance the estate’s appeal. With easy access to Rts 24, 495, and top local amenities, this home has too many features to list—come see it in person and experience luxury living at its finest. * Additional bedrooms are a possibility with connection available for public sewer.
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| Dec 30, 2009 | Sold | ||
| Sold | |||
| Jun 30, 2009 | Listed | $569,900 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017