34 Lancaster Dr
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 |
|---|---|---|---|
| Dec 27, 2024 | Sold | ||
| Sold | |||
| Oct 23, 2024 | In contract | - | |
| In contract | |||
| Oct 17, 2024 | Listed by ERA Key Realty Services- Milf | $594,900 | |
| Listed by ERA Key Realty Services- Milf | |||
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This charming split-level home offers 3 bedrooms and 1.5 baths, along with a range of updates including a newer roof, low-maintenance vinyl siding, and an energy-efficient tankless on-demand hot water system. It’s equipped with a modern furnace, central air conditioning, and a lawn irrigation system. Nestled on a beautifully landscaped corner lot, the home’s interior features hardwood floors beneath any carpet, ready for personalization. The main living and dining areas feel grand with their vaulted ceilings, and the kitchen boasts abundant cabinet space, newer stainless steel appliances, and a charming vintage wall oven. The lower level includes a cozy den with a fireplace and a flexible space perfect for a home office or game room. With a bit of TLC, this property has the potential to become a truly stunning home. Offered for the first time and lovingly maintained by the original owner, it's the ideal opportunity for a home buyer with a vision to create their dream home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017