140 LANCASTER St
About This Property
This spacious basement ranch home is nestled on a level 1.3-acre lot, offering breathtaking views of the Cumberland Mountains. Boasting 3 bedrooms and 2.5 baths, this property combines comfort and functionality. Inside, you'll find beautiful hardwood and tile flooring throughout, as well as elegant tray ceilings that add a touch of sophistication.
The inviting living room features an electric fireplace, perfect for cozy evenings, while the well-equipped kitchen comes with a refrigerator, range, dishwasher, and microwave a large pantry. The master suite offers a luxurious retreat with a tile shower and a Jacuzzi tub in the en-suite bath with a linen closet. It also has storage above the garage also.
Enjoy the outdoors on the covered front porch or relax on the back deck, ideal for entertaining or simply enjoying the scenery. The home also includes a carport that accommodates a camper and a durable shingle roof.
Additional highlights include FULL UNFINISHED BASEMENT, WALK OUT WITH A GARAGE DOOR vinyl tilt-out windows for easy cleaning, ensuring both beauty and convenience. This property truly has it all--comfort, style, and space--on a picturesque 1.3-acre lot.
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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 |
|---|---|---|---|
| Oct 4, 2026 | In contract | - | |
| In contract | |||
| Nov 20, 2025 | Listed by REMAX PROFESSIONAL'S | $434,000 | |
| Listed by REMAX PROFESSIONAL'S | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017