21311 Lancaster Run #721
About This Property
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Cap Rate Calculator
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 26, 2026 | Sold | ||
| Sold | |||
| Feb 14, 2026 | In contract | - | |
| In contract | |||
| Feb 8, 2026 | Price Decreased |
$299,999
↓ $20K
(6.2%) | |
| Price Decreased | |||
| Jan 22, 2026 | Price Decreased |
$319,900
↓ $9K
(2.8%) | |
| Price Decreased | |||
| Sep 17, 2025 | Relisted | $354,900 | |
| Relisted | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/06/2026
|
2 Bed
|
2 Bath
|
1306 ft²
|
$325,000
2 Bed
2 Bath
1306 ft²
|
$325,000
04/16/2026
|
Jack Mancini
Gulfcoast Premier Realty, Inc
| |
|
11/02/2025
|
2 Bed
|
2 Bath
|
1160 ft²
|
$275,500
2 Bed
2 Bath
1160 ft²
|
$257,000
-6.72%
01/21/2026
|
Stacey L Reed
DomainRealty.com LLC
| |
|
04/25/2025
|
2 Bed
|
2 Bath
|
1160 ft²
|
$295,000
2 Bed
2 Bath
1160 ft²
|
-
-
|
Stacey L Reed
DomainRealty.com LLC
| |
|
03/17/2025
|
2 Bed
|
2 Bath
|
1306 ft²
|
$354,900
2 Bed
2 Bath
1306 ft²
|
-
-
|
Max Meadows
Marc Joseph Realty
| |
|
01/01/2025
|
2 Bed
|
2 Bath
|
1306 ft²
|
$319,999
2 Bed
2 Bath
1306 ft²
|
$305,000
-4.69%
02/11/2025
|
Justin Goldman
Realty World J Pavich Real Est
| |
|
06/18/2024
|
2 Bed
|
2 Bath
|
1306 ft²
|
$355,000
2 Bed
2 Bath
1306 ft²
|
-
-
|
Alex Owens
Amerivest Realty
| |
|
03/08/2024
|
2 Bed
|
2 Bath
|
1212 ft²
|
$295,000
2 Bed
2 Bath
1212 ft²
|
$278,500
-5.59%
06/04/2024
|
Riley Duncan, Jr.
Realty One Group MVP
| |
|
08/27/2022
|
2 Bed
|
2 Bath
|
1160 ft²
|
$300,000
2 Bed
2 Bath
1160 ft²
|
-
-
|
Stacey L Reed
DomainRealty.com LLC
| |
|
03/20/2020
|
2 Bed
|
2 Bath
|
1134 ft²
|
$189,900
2 Bed
2 Bath
1134 ft²
|
-
-
|
-
| |
|
07/09/2017
| |
2 Bed
|
2 Bath
|
1134 ft²
|
-
2 Bed
2 Bath
1134 ft²
|
-
-
|
-
|
Building Info
About Estero
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017