3396 Lionel Road
About This Property
Seller offering a buyer's credit at closing of $10,000!
Rural living at its finest! Head down the long driveway to this secluded POOL home. This home offers 2.5 acres with a pond outback for relaxing mornings. Home is a split floor plan and the primary bedroom has access to pool deck. There is 3 bedrooms with an office area that can be used as a 4th! Kitchen has a view to the backyard with a breakfast bar. All kitchen appliances were replaced in 2019, roof was replaced in 2018, house well water system was done in 2018/2019, and the HVAC was replaced 2020.
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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 31, 2023 | Sold | ||
| Sold | |||
| Nov 23, 2022 | Listed by LANDSHARK REALTY | $520,000 | |
| Listed by LANDSHARK REALTY | |||
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*Motivated Sellers!* Seller offering a buyer's credit at closing of $10,000! Rural living at its finest! Head down the long driveway to this secluded POOL home. This home offers 2.5 acres with a pond outback for relaxing mornings. Home is a split floor plan and the primary bedroom has access to pool deck. There is 3 bedrooms with an office area that can be used as a 4th bedroom! Kitchen has a view to the backyard with a breakfast bar. All kitchen appliances were replaced in 2019, roof was replaced in 2018, house well water system was done in 2018/2019, and the HVAC was replaced 2020. Beautifully wooded with oak trees & landscaped. Long scenic driveway leading to this private home.
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| Oct 7, 2022 | Listed by Landshark Realty | $520,000 | |
| Listed by Landshark Realty | |||
| Sep 30, 2018 | No longer available | - | |
| No longer available | |||
| Jun 11, 2018 | Listed | $319,900 | |
| Listed | |||
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Spacious home on 2-1/2 acre wooded lot. Formal and informal rooms, interior and exterior French doors. Screened porch, screened pool, and pond. 3 bedrooms and 2-1/2 bathrooms. Oversized 2 car garage. The manager has listed the unit size as 2328 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017