2 Lancaster Drive
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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%.
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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.
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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 |
|---|---|---|---|
| May 15, 2026 | Sold | ||
| Sold | |||
| Nov 27, 2025 | In contract | - | |
| In contract | |||
| Oct 20, 2025 | Listed by Howard Hanna Rand Realty | $950,000 | |
| Listed by Howard Hanna Rand Realty | |||
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SUFFERN, NY: Step through the doors of this timeless Colonial and feel immediately at home. The dramatic entryway with a Grand Staircase sets the tone for a residence that’s both elegant and inviting! Rich wood floors throughout this home on both levels, leading you from the grand-sized living room, perfect for cozy movie nights, to the formal dining room, ready for holiday celebrations and Sunday dinners. The kitchen is the heart of the home, with cherry wood cabinetry, granite countertops, SS appliances, recessed lighting and space for gathering and cooking side by side. Large den with recessed lighting, tray ceiling and sliders which opens to a stone paver patio. Fully fenced in yard with white, vinyl, maintenance free fencing for optimal privacy. Convenient Laundry Room with cabinetry on main level.
Upstairs boasts (4) spacious bedrooms, each a private retreat, offering comfort and room to grow. Wood floors throughout. With new Trane Forced Air Heat system 2021, newer 2-zone central air, modern windows, and a modern roof (2020), new hot water heater, this home combines classic character with modern peace of mind. Fully fenced, level rear yard. 2 car garage. Located near the center of Historic downtown Suffern, you’re just minutes from the NJ Transit line/Metro North to NYC and upstate NY. Close to Route 202, Route 59 and Route 202. Mahwah NJ border, and an array of shopping including coveted Woodbury Commons - approx. 26 miles on NYS Thruway, Culinary/Dining options in Suffern's downtown, annual street fairs, Community, Holiday celebrations for adults and kids alike. Explore Thorn Valley Winery. Ramapo Reservation, Harriman State Park for hiking, biking and swimming and picnic. Bus available for Rockland and Bergen. Moments from your door.
Only 35 miles from Manhattan.
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| Oct 13, 2016 | Sold | ||
| Sold | |||
| Jan 1, 2016 | Listed by Century 21 Full Service Realty | $499,000 | |
| Listed by Century 21 Full Service Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017