1620 LANCASHIRE DRIVE
About This Property
As you arrive, a stunning paver driveway and screened-in front porch with a striking etched glass entry door set the stage for the beauty within. Step inside, and the open-concept design immediately draws your eye to the picturesque outdoor scenery beyond.
The grand entryway features a custom wood-beamed ceiling, adding a touch of sophistication. Crown molding accents the main living areas, while updated fans and abundant natural light enhance the airy, inviting ambiance. The chef-inspired kitchen is designed for entertaining, complete with an eat-in dining area surrounded by windows that frame the scenic views.
The primary suite is a true retreat, featuring a sliding glass door to the lanai and plenty of natural light. The en-suite bath boasts dual vanities, a garden tub, and a spacious walk-in shower. The second and third bedrooms are generously sized, and the second bath is well-appointed with a tub-shower combo and modern finishes.
Meticulously maintained and move-in ready, this home perfectly blends modern style with classic charm. Don't miss your opportunity to experience the best of Florida living in this stunning estate!
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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 |
|---|---|---|---|
| Apr 14, 2025 | Sold | ||
| Sold | |||
| Mar 17, 2025 | In contract | - | |
| In contract | |||
| Mar 10, 2025 | Price Decreased |
$599,900
↓ $29K
(4.6%) | |
| Price Decreased | |||
| Feb 23, 2025 | Price Decreased |
$629,000
↓ $20K
(3.1%) | |
| Price Decreased | |||
| Feb 6, 2025 | Listed by EXP REALTY LLC | $649,000 | |
| Listed by EXP REALTY LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017