28 Lexington Drive
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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.
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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 |
|---|---|---|---|
| Jul 1, 2022 | Sold | ||
| Sold | |||
| Mar 18, 2022 | Listed by RE/MAX Benchmark Realty Group | $500,000 | |
| Listed by RE/MAX Benchmark Realty Group | |||
| Jan 6, 2017 | Sold | ||
| Sold | |||
| Nov 18, 2016 | Sold | ||
| Sold | |||
| Oct 27, 2015 | Listed by RE/MAX Benchmark Realty Group | $250,000 | |
| Listed by RE/MAX Benchmark Realty Group | |||
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This beautiful three bedroom two and one half bath Town of Newburgh Colonial has "solar panels" on the roof to reduce energy costs. The main floor has a vaulted ceiling family room with a mural. The updated kitchen has a dining area that has sliders the lead to the deck, large rear yard with storage shed and a fenced in ground pool and patio. the large living room and half bath complete the first level. The top floor has the master suite with his and her closets and private bath; two other bedrooms and another full bath. The lower walk out level has the laundry / utility/ solar room plus a large unheated playroom. Low traffic neighborhood but close to Routes 9w and 84 and Newburgh/ Beacon bridge. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017