1
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228 Lancaster Drive
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 |
|---|---|---|---|
| Nov 30, 2006 | Sold | ||
| Sold | |||
| Feb 17, 2006 | Listed by Residential Realty Group | $449,000 | |
| Listed by Residential Realty Group | |||
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TOP LOCATION - DEWING SCHOOL! Extraordinary price for mint, spac., well-cared for 2700 sq.ft. open floor plan Colonial w/3-levels of living space - grand 1st floor vaulted/skylite/beamed ceiling gas F.P. FM.RM.(Add-on)- surrounded by walls-of-glass & leading to two decks; hardwood floors L.R. & D.R., updated Kitchen "lots of" Oak Cabinets & separate dining area, 1st flr. laundry, Wall A/C, Newer Masterbath & 1/2-bath. Newer massive 3rd flr. great for 5th bedroom or gameroom-A Terrific Property!
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Address: 335 Madison Avenue, New York, NY 10017