197 Lund Rd
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 |
|---|---|---|---|
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Jan 26, 2025 | In contract | - | |
| In contract | |||
| Jan 23, 2025 | Listed by RE/MAX Innovative Properties | $399,900 | |
| Listed by RE/MAX Innovative Properties | |||
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Property is ready for it's next owner. Plenty of room to create your own living space on this partially fenced corner lot. 3 bedrooms upstairs with living room, dining room, kitchen and porch and deck off of kitchen. Primary bedroom with 1/2 bath and full bathroom complete the first floor. Lower level/basement consists of extra large family room, 3/4 bathroom with washer/dryer, 2 bedrooms and small den/hallway area that could be used as a possible office/craft space. Lower level has excess into the backyard. Close to schools, parks, shopping, restaurants and highway access.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017