308 LINCOLN AVE
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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 24, 2017 | Sold | ||
| Sold | |||
| Mar 10, 2017 | Listed by KingsGate Realty LLC | $125,000 | |
| Listed by KingsGate Realty LLC | |||
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WOW! One floor living at its best!! This is truly one of the nicest ranchers in town. It could be 3 bedrooms, 1.5 baths or 2 bedrooms with a family room or 2 bedrooms with an In-Law suite. The house is just plain pretty, not to mention energy star efficent. New windows, new hot water heater, Amish shed. The yard is tropical and easy to maintain. There is just nothing to do here except unpack and enjoy life. Compare other houses in this price range, this is a winner.
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| Dec 13, 2013 | Sold | ||
| Sold | |||
| Nov 3, 2011 | Listed by KingsGate Realty LLC | $110,000 | |
| Listed by KingsGate Realty LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017