26189 OHNMACHT LANE
About This Property
Major big-ticket items are already in place, including solar panels for energy efficiency, super-low taxes, a new HVAC system for year-round comfort, and 1-year-young stainless steel kitchen appliances-creating a strong foundation for future updates and personalization.
The expansive lot opens the door to endless possibilities: outdoor entertaining, gardens, hobby space, or future enhancements. A large shed adds valuable storage and functionality for tools, equipment, or recreational gear.
While the home offers a clean slate for cosmetic updates, it presents an exciting opportunity to add your own style and build equity over time. Located in the Pine Lake community, this property delivers space, affordability, and potential-a rare combination in today's market.
Bring your vision and unlock the possibilities. Schedule your showing today!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 27, 2026 | Sold | ||
| Sold | |||
| Jan 25, 2026 | In contract | - | |
| In contract | |||
| Nov 2, 2025 | Price Decreased |
$299,900
↓ $10K
(3.3%) | |
| Price Decreased | |||
| Oct 1, 2025 | Listed by Coldwell Banker Premier - Lewes | $310,000 | |
| Listed by Coldwell Banker Premier - Lewes | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017