3478 Lilac Summit
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 20, 2020 | In contract | - | |
| In contract | |||
| Jun 11, 2020 | Listed | $1,999,000 | |
| Listed | |||
| | |||
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Beautiful and newly completed remodel! Views!! Thousands spent to make this home gorgeous Inside and out. Lives like a single level with a game room upstairs. Kitchen is bright and open, newly installed cabinets, top grade appliances, quartz counters & custom back-splash. Stunning wood floors, 24" wide wood beams, Slab granite fireplaces, all new baseboards and light fixtures. Master bathroom with soaking tub, spacious shower and his/hers walk-in closets. Refurbished tennis court & immaculate landscaping. The manager has listed the unit size as 3797 square feet.
| |||
| Jul 28, 2017 | Sold | ||
| Sold | |||
| May 19, 2017 | Listed by Coldwell Banker Res Brokerage | $1,699,000 | |
| Listed by Coldwell Banker Res Brokerage | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017