28 Lancaster Rd
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 |
|---|---|---|---|
| May 17, 2024 | Sold | ||
| Sold | |||
| Mar 20, 2024 | In contract | - | |
| In contract | |||
| Mar 14, 2024 | Listed by RE/MAX Executive Realty | $794,900 | |
| Listed by RE/MAX Executive Realty | |||
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Welcome to 28 Lancaster Road, Berlin! This stately English Tudor is situated on 4.7 acres highlighted by a circular driveway & a two story stone turret! Upon entering, you will be captivated by the custom stain glass windows, crown moldings, & open concept floor plan. The professionally designed new kitchen/dining area includes a large center island, granite counters, w/in pantry, HW flooring, bay window, wine frig, & mudrm to oversize 2 car gar. The entertaining size living room is accented by an office area, & two French doors to a glass solarium w/ fireplace. The primary bedrm includes a w/in closet, dressing area, & one of kind circular bath w/ double vanities. The spacious 2nd bedrm includes a office/craft room & w/in closet. Relax & unwind in the enclosed screened porch or on the large deck. Central air & vac. Cedar closet. 2x6 construction. This home is surrounded by lush landscaping, & a fenced area. Near Rt 495/290, Highland Commons, & conservation land. Come fall in love!
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| Aug 31, 2018 | Sold | ||
| Sold | |||
| Mar 6, 2018 | Listed by RE/MAX Executive Realty | $522,000 | |
| Listed by RE/MAX Executive Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017