16419 Lancaster Place Drive
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 |
|---|---|---|---|
| Nov 4, 2021 | Sold | ||
| Sold | |||
| Sep 29, 2021 | Listed by Energy Realty | $254,900 | |
| Listed by Energy Realty | |||
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Tucked away on a TRANQUIL street, is this STUNNING one story REMODELED home with a NEW ROOF! When you enter this SPACIOUS home, you are welcomed by NEW wood-like flooring and FRESH paint throughout! Enjoy privacy while you work, in a office with DOUBLE DOOR enclosure. NATURAL LIGHT flows from bright windows throughout the house! The COZY kitchen has been UPGRADED with STAINLESS STEEL appliances, and has a secluded breakfast nook. Make memories in the LARGE living room, filled with NATURAL LIGHT and vaulted ceilings. Retreat into the primary suite that has beautiful views of the LANDSCAPED garden. The primary bath has been upgraded with NEW mirrors and lighting fixtures! Two SPACIOUS bedrooms are on the opposite side of this convenient split floor plan. Backyard barbecues are a breeze with a built in grill and plenty of green space for fun! This home is in an IDEAL location, with easy access to Sugar Land, Richmond and Houston attractions! Schedule your tour today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017