2412 CUSTIS RD
About This Property
The first floor also has a bedroom with an ensuite, mudroom with built-in shelving, and a half bath. The incredible upper-level features oak hardwood floors, recessed lighting, plantation shutters on all windows, 4 bedrooms with 3 full baths; the primary suite features a large separate shower, double sinks and a large walk-in closet with built-in shelves and dresser. There is also a separate second floor laundry room with a built-in folding table, shelves, and a Maytag 27' washer/dryer. The lower-level features its own separate entrance, in-law/nanny bedroom with full bath, recreation room and a storage/utility room with built-in shelving. There is a large outdoor tool shed, off street parking for 3 cars, an amazing 26' x 8' covered front porch, and an outdoor gas grill hook-up. This property is situated on a completely fenced in lot with four easy access gates, paver driveway and a beautifully landscaped 7,943 sq ft corner lot.
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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%.
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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.
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 |
|---|---|---|---|
| Apr 11, 2025 | Sold | ||
| Sold | |||
| Mar 16, 2025 | In contract | - | |
| In contract | |||
| Feb 2, 2025 | Listed by G.E. Cranwell & Assoc., Ltd. | $2,599,000 | |
| Listed by G.E. Cranwell & Assoc., Ltd. | |||
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About Lyon Village
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017