18614 Landrum Point Lane
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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 23, 2021 | Sold | ||
| Sold | |||
| Feb 12, 2021 | Listed by Strongtower Realty Group | $550,000 | |
| Listed by Strongtower Realty Group | |||
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MAJESTIC Lakeview Home nestled in Lakes of Cypress Forest, Gated Entry leads to a Gorgeous 5 Bedroom, 4.5 Bathroom, 3 Car Garage Home. Stucco Exterior, Courtyard w/ Water Fountain will Welcome your Family & Friends. Elegant French Double Door Entrance, Triple Crown Molding, Two-Story Foyer w/ Curved Staircase. Executive Home Office w/ Custom Cabinets & Granite Counters. Stylish Formal Dining w/ a Designer's Touch; The Heart of the Home, A Grand Kitchen sure to Impress; Island, Granite Counters, Commercial Grade Appliances, Double Oven, Icemaker, & More; Open Concept to an Expansive Family Room w/ Sliding Glass Wall leads to an Outdoor Oasis, Lake View w/ rear access to the Trail. Wall Mirror Addition leads to a Stunning Owner’s Suite; En Suite features Dual Vanity, His & Hers Walk In Closets w/ Custom Built Ins. Four Additional Bedrooms Grace this Custom Home. Game Room w/ Wine chiller; Media Room w/ Surround Sound. Balcony w/ Firepit, See Full Upgrade List! Breathtaking Design!!
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017