2505 Lyman Loop
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 9, 2023 | Sold | ||
| Sold | |||
| Oct 7, 2023 | No longer available | - | |
| No longer available | |||
| Oct 5, 2023 | Listed by RE/MAX Professionals Select | $455,000 | |
| Listed by RE/MAX Professionals Select | |||
| Sep 29, 2023 | Price Decreased |
$455,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Sep 12, 2023 | Listed by RE/MAX Professionals Select | $460,000 | |
| Listed by RE/MAX Professionals Select | |||
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Hard to find expansive ranch home with wonderful floor plan. Flex space currently used as living room, but would make wonderful dining room or home office/den. Light and bright with upgraded vinyl plank flooring through most living areas, and up to date decor. Pulte planning center/desk area is perfect for computer work, correspondence or children's work space. Large laundry/mudroom with organizers and access to 3 car tandem garage. Stylish front porch and extensive landscaping and hardscape (with fire pit) in fenced yard. Big corner lot with room to roam on quiet street just 3 blocks to clubhouse. Shaker style cabinetry with gorgeous backsplash and quartz countertops. All stainless gourmet kitchen with built in appliances. Light and bright with lots of windows. Primary bedroom features huge walk in closet with Closets by Design organization system and double sinks in bath plus soaking tub and separate shower. Lots of closet space and full basement with bathroom rough in. This one is fantastic! The manager has listed the unit size as 2339 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017