38 LOWELL DR
About This Property
LEGACY OAKS ADULT CAREFREE LIFESTYLE: This Very Stylish Home Speaks Very Highly Of The VALUE That Legacy Oaks Has To Offer In A Very Active Carefree Lifestyle Adult Community That Supervises Lawn Care, Fertilization, Snow Removal And A Modern, Very Recently Updated And Redecorated Clubhouse For The Many Clubs And Activities, With Heated Pool, 2 Tennis Courts, Pickleball, 2 NEW Bocce Courts And Many Other Features, Clubs, Committees And Activities To Make This The Adult Lifestyle That You Have Earned And Deserve.
SPECIAL ACHIEVEMENTS: Legacy Oaks In 2002 Was A "Winner Of An Unprecedented 10 Pinnacle Awards For Excellence And Quality In Home Building." Legacy Oaks Is Also A Very Proud Winner For 2015, 2018 And 2021 Of The Gold Star Community Award from the Pennsylvania/Delaware Chapter of Community Associations. The Gold Star Community® Achievement Means Legacy Oaks Has Taken The Necessary Steps To Protect And Improve The Quality Of Life And VALUE Of Property In The Community.
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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%.
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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.
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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 |
|---|---|---|---|
| Nov 22, 2023 | Sold | ||
| Sold | |||
| Oct 10, 2023 | In contract | - | |
| In contract | |||
| Oct 1, 2023 | Listed by BHHS Fox & Roach-Northfield | $625,000 | |
| Listed by BHHS Fox & Roach-Northfield | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017