18503 Lippizaner 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 |
|---|---|---|---|
| Jan 31, 2024 | No longer available | - | |
| No longer available | |||
| Jan 19, 2024 | Price Decreased |
$245,000
↓ $5K
(2%) | |
| Price Decreased | |||
| Nov 27, 2023 | Listed by Divvy Realty | $250,000 | |
| Listed by Divvy Realty | |||
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Welcome to this charming home located in Paddock Subdivision! You will love the open floor plan and natural light that shines throughout. Primary bedroom has a beautiful convertible closet, allowing for maximum storage. Kitchen and Bathrooms have been updated, giving a beautiful contemporary look. Schedule your showing today!
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| Jun 8, 2022 | Sold | ||
| Sold | |||
| May 11, 2022 | Listed by CB&A, Realtors- Loop Central | $249,990 | |
| Listed by CB&A, Realtors- Loop Central | |||
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Welcome to 18503 Lippizaner Drive. Charming 4 bed/ 2 bath brick home in Paddock Subdivision. Open living area with tons of beaming natural light. The living room opens to the dining combo with a beautiful brick log fireplace. Excellent breakfast area to separate formal and family time. Wide entry doorway entry. Spacious bedrooms with open concept closets. A fenced backyard is great for any occasion with a bonus peach tree. The property has never flooded. Flood policy # available for grandfather policy. **THANK YOU FOR SHOWING- MULTIPLE OFFERS, SEND BEST & FINIAL BY FRIDAY 5/13/22 5 P.M.***
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017