2928 Lynae Way
About This Property
Two well-sized bedrooms offer a comfortable escape after a long day, one of which is the primary retreat showcasing a convenient ensuite with a shower/tub combo. A 3-piece bath across from the laundry nook caters to visitors and the secondary chamber. Glass sliders open to a bright sunroom perfect for year-round entertaining, beyond which a sprawling backyard overflows with endless possibilities. Notables include recessed lighting, refreshed paint, an attached 2-car garage with direct-entry, and close proximity to schools and shopping. Take a tour of this gem today
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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 |
|---|---|---|---|
| Mar 21, 2025 | Sold | ||
| Sold | |||
| Feb 11, 2025 | Listed by ehomes | $375,000 | |
| Listed by ehomes | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017