198 Lancaster 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 |
|---|---|---|---|
| Jun 14, 2024 | Sold | ||
| Sold | |||
| Apr 30, 2024 | Listed by Compass | $1,785,000 | |
| Listed by Compass | |||
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Welcome to Lancaster Road located within the sought after Newcastle Estates, making its debut for the first time to the market—a rare opportunity to make this grand estate your own. Nestled within lush, verdant surroundings, this home a sanctuary of natural splendor and tranquility A serene residential street welcomes you to the neighborhood. Upon arrival, this property boasts meticulously landscaped grounds and a warm welcoming. Enjoy your back yard oasis that boasts a basketball / tennis court, in-ground pool, hot tub, and pool house—perfect for outdoor enjoyment and relaxation in nature's embrace. Inside, discover a chef's kitchen, ideal for hosting family and friends while cooking your favorite meal, within a meticulously maintained home that exudes timeless charm. An expansive footprint throughout the residence with generous sized rooms goes with being unnoticed for living accomodations. The convenience of a large three-car garage.
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| Jun 14, 1994 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017