16518 Lamplighter Street
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 |
|---|---|---|---|
| Mar 14, 2024 | Sold | ||
| Sold | |||
| Feb 1, 2024 | In contract | - | |
| In contract | |||
| Jan 27, 2024 | Relisted | $422,500 | |
| Relisted | |||
| Jan 24, 2024 | In contract | - | |
| In contract | |||
| Jan 11, 2024 | Listed by Carter Signature Properties | $422,500 | |
| Listed by Carter Signature Properties | |||
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This stunning 4-bedroom, 2.5-bathroom gem, complete with a dedicated home office, sits on a spacious double corner lot, just under a half acre. Freshly updated in Spring 2023 with a new roof, gutters, and paint, it's ready for you to move in. The living room, with its wall of windows, offers a spectacular view of the pool, seamlessly blending indoor comfort with outdoor leisure. The open kitchen-living layout is perfect for family gatherings. Don't miss the clever storage under the stairs! Parking is a breeze with a triple-wide driveway and double gate access to the backyard, where a 12x27 storage building awaits. Enjoy the saltwater pool and an outdoor kitchen equipped with a grill and refrigerator, ideal for entertaining. The property also features wired landscape lighting and a sprinkler system, adding convenience and charm. Make this your new haven of relaxation and entertainment in a quiet section of Newport!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017