21301 Lancaster Run #815
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 24, 2025 | Sold | ||
| Sold | |||
| Feb 5, 2025 | In contract | - | |
| In contract | |||
| Jan 27, 2025 | Price Decreased |
$290,000
↓ $9K
(3%) | |
| Price Decreased | |||
| Dec 20, 2024 | Price Decreased |
$299,000
↓ $6K
(2%) | |
| Price Decreased | |||
| Dec 6, 2024 | Price Decreased |
$305,000
↓ $4K
(1.3%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/04/2024
|
2 Bed
|
2 Bath
|
1061 ft²
|
$309,000
2 Bed
2 Bath
1061 ft²
|
$280,000
-9.39%
02/24/2025
|
Kelsey Mitchell
Keller Williams Realty Naples
| |
|
07/22/2024
|
2 Bed
|
2 Bath
|
1306 ft²
|
$345,000
2 Bed
2 Bath
1306 ft²
|
$290,000
-15.94%
12/10/2024
|
Joe Petno
EXP Realty LLC
| |
|
02/01/2024
|
2 Bed
|
2 Bath
|
1061 ft²
|
$323,500
2 Bed
2 Bath
1061 ft²
|
-
-
|
Kelsey Mitchell
Keller Williams Realty Naples
| |
|
09/08/2023
|
2 Bed
|
2 Bath
|
1134 ft²
|
$359,000
2 Bed
2 Bath
1134 ft²
|
-
-
|
Samantha Bagdasarian
Gulf Pointe Properties
| |
|
10/21/2021
|
2 Bed
|
2 Bath
|
1134 ft²
|
$274,900
2 Bed
2 Bath
1134 ft²
|
$274,900
12/14/2021
|
Marc J Comisar
DomainRealty.com LLC
| |
|
06/12/2020
|
2 Bed
|
2 Bath
|
1061 ft²
|
$195,000
2 Bed
2 Bath
1061 ft²
|
$195,000
08/07/2020
|
Ginny Nobbe
| |
|
02/04/2019
|
2 Bed
|
2 Bath
|
1061 ft²
|
$187,900
2 Bed
2 Bath
1061 ft²
|
$180,000
-4.20%
02/28/2019
|
C. Kevin Waters
|
Building Info
About Estero
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017