24014 Lestergate Drive
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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 10, 2021 | Sold | ||
| Sold | |||
| Oct 15, 2021 | Listed by Penny Salter Properties | $187,500 | |
| Listed by Penny Salter Properties | |||
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Charming home located in the wonderful Villages of Spring Oaks community. Nice fresh new neutral paint throughout. High ceiling, gas fireplace, rounded corners, arches in living room. Beautiful Engineered hardwood throughout most of the home. Stainless steel appliances in the kitchen stove/dishwasher/refrigerator and large walk in pantry. A/C is less than 1 year old. Large backyard perfect for all outdoor gatherings and includes Storage building. Nice size secondary bedrooms with large walk-in closets and ceiling fans. Great location, just minutes to Exxon/45/69/99/Hardy/Beltway. Won't last!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017