1859 Lacy Ridge DR
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 |
|---|---|---|---|
| Aug 19, 2025 | In contract | - | |
| In contract | |||
| Aug 3, 2025 | Listed by Real Broker, LLC | $599,000 | |
| Listed by Real Broker, LLC | |||
| Aug 2, 2025 | No longer available | - | |
| No longer available | |||
| Jul 8, 2025 | Price Decreased |
$650,000
↓ $49K
(7%) | |
| Price Decreased | |||
| Jun 3, 2025 | Listed by Compass RE Texas, LLC | $699,000 | |
| Listed by Compass RE Texas, LLC | |||
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LISTED BELOW MARKET VALUE WITH A VA ASSUMABLE LOAN AT 3.375% INTEREST RATE!!
Elevate your lifestyle in this stunning 5-bedroom, 3.5-bathroom hilltop retreat, where luxury meets comfort. Situated on premier corner lot with breathtaking hilltop views, this 3,237 sq. ft. home has been thoughtfully designed to offer an unparalleled living experience. Step through the grand entrance and be captivated by high ceilings, custom wood beams, an expansive open-concept design, and cozy fireplace. The chef’s kitchen is a culinary dream, featuring custom cabinetry, a double oven, exquisite finishes, and granite countertops. The primary suite is a sanctuary, boasting a spa-inspired ensuite with a deep soaking tub, walk-in shower, and a walk-in closet. Each additional bedroom provides ample space and comfort, perfect for family and guest. Upstairs, a spacious flex area, dedicated office with custom built-ins and a full bath. Ideal space for work, relaxation, or entertainment.
Outside, experience a backyard paradise with a resort style pool, relaxing spa, outdoor kitchen, and flagstone firepit . A space truly designed for unforgettable moments and year-round entertaining. A three-car garage offers ample space for your prized vehicles and storage needs. Recent upgrades including a brand new roof, fresh sod, new sprinkler system, and paint throughout entire home to ensure effortless elegance and peace of mind.
Located just minutes from schools, shopping, and dining. Opportunities like this are rare—schedule your private tour today and step into the luxury lifestyle you deserve.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017