1
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318 Lancaster Ave
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 |
|---|---|---|---|
| Mar 17, 2025 | Sold | ||
| Sold | |||
| Jan 30, 2025 | In contract | - | |
| In contract | |||
| Jan 13, 2025 | Listed by Coldwell Banker Realty - Western MA | $319,000 | |
| Listed by Coldwell Banker Realty - Western MA | |||
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Located in a great location, this home offers a blend of comfort and opportunity. Inside, you’ll find wood floors throughout the main living areas, a large living room with a fireplace, and a sizable kitchen that’s perfect for cooking and entertaining. The home features a dual-access bathroom, offering both convenience and functionality. The two-car garage provides plenty of space for vehicles and storage. The basement, which includes a half bathroom, holds great potential for additional living space—whether you envision a home office, gym, or recreational area. Enjoy a peaceful moment on the front porch, where you can take in the pleasant view, perfect for morning coffee or unwinding after a long day. This home is full of possibilities and ready for your personal touch. Bring your ideas and schedule a showing today!
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| Dec 13, 2019 | Sold | ||
| Sold | |||
| Aug 21, 2019 | Listed by Century 21 A-1 Nolan Realty | $200,000 | |
| Listed by Century 21 A-1 Nolan Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017