2551 Sundown Lane
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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 |
|---|---|---|---|
| Dec 31, 2023 | No longer available | - | |
| No longer available | |||
| Sep 10, 2023 | Listed by Royal Heritage International Group LLC | $581,000 | |
| Listed by Royal Heritage International Group LLC | |||
| | |||
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Corner house with a circular driveway for easily 6 or more cars in a very quiet neighborhood. This 3/2 has split bedrooms with vaulted ceilings, huge kitchen with stainless steal appliances, granite countertops, 2 living rooms 2 dinning rooms, walking closet in master room, wood and ceramic floor, big patio with approximately 1,200 sq/ft of the patio paved, fully fenced with plenty of space to build your own pool, or have your trucks or RVs, mango and avocados trees. No HOA!! A/C 2017, water filtration (3) 2018. All measurements are approximate. Less than 1/2 from Lake Osborne. You will LOVE calling this place ''HOME''! The manager has listed the unit size as 1783 square feet.
| |||
| Nov 16, 2017 | Sold | ||
| Sold | |||
| Apr 10, 2017 | Listed by Keller Williams Realty Profess | $274,900 | |
| Listed by Keller Williams Realty Profess | |||
| Jan 27, 2017 | Sold | ||
| Sold | |||
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About Lanair Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017