3003 LANCASTER Drive #2
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 |
|---|---|---|---|
| Jan 10, 2013 | Sold | ||
| Sold | |||
| Feb 1, 2012 | Listed by John R. Wood Properties | $469,000 | |
| Listed by John R. Wood Properties | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/06/2025
|
2 Bed
|
2 Bath
|
2126 ft²
|
$1,100,000
2 Bed
2 Bath
2126 ft²
|
$950,000
-13.64%
09/17/2025
|
Simon Melley
Berkshire Hathaway FL Realty
| |
|
02/01/2012
|
2 Bed
|
2 Bath
|
2126 ft²
|
$469,000
2 Bed
2 Bath
2126 ft²
|
$439,000
-6.40%
01/10/2013
|
Marie Harris
John R Wood Properties
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017