1618 Lynnview Drive
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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 |
|---|---|---|---|
| Feb 15, 2022 | Sold | ||
| Sold | |||
| Jul 31, 2021 | Listed by Martha Turner Sotheby's | $1,835,900 | |
| Listed by Martha Turner Sotheby's | |||
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Beautiful 5-bedroom masterpiece by Newmark Homes ideally located on a large lot in the booming neighborhood of Spring Branch. This home features two bedrooms downstairs, soaring 2-story ceilings, an open chef's kitchen, spacious outdoor living, large back yard and 3 car garage. Completion is expected late 2021/early 2022. Both the primary suite and guest suite are downstairs. Upstairs find 3 bedrooms, game rm and media. Don’t miss the secluded court yard! Inspired finishes include quartz counters, wide plank wood floors, rift cut oak cabinets, designer plumbing and lighting. Energy efficient design with spray foam insulation and tankless hot water. Valley Oaks Elementary, Memorial High School. A must see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017