1409 Lynn Street
About This Property
This 3-bedroom, 1-bath home offers great potential for investors or buyers looking to personalize a property to their own taste. Featuring a functional layout and a spacious backyard, the home provides plenty of room for outdoor enjoyment or future enhancements. Located in a convenient area, this property presents a solid opportunity to create value-whether as a primary residence or an investment. Schedule your showing today to explore everything it has to offer.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 7, 2026 | Sold | ||
| Sold | |||
| Jan 4, 2026 | In contract | - | |
| In contract | |||
| Nov 27, 2025 | Relisted | $79,000 | |
| Relisted | |||
| Oct 24, 2025 | In contract | - | |
| In contract | |||
| Oct 1, 2025 | Listed by FanninLand Realty | $99,000 | |
| Listed by FanninLand Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017