39 Lotus Drive
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 |
|---|---|---|---|
| Aug 24, 2023 | Sold | ||
| Sold | |||
| Jan 1, 2023 | In contract | - | |
| In contract | |||
| Dec 19, 2022 | Listed by Ellington Realty | $772,400 | |
| Listed by Ellington Realty | |||
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Don't miss your Fern home style opportunity! Limited home sites left to build the beautiful Fern in Redbrook's premier new neighborhood, The Woodlands! The Fern features easy, one level, open concept living. Large windows bring the outdoors in and 9' ceiling heights make this home feel so spacious. The Kitchen has an island and breakfast area open to the great room with fireplace and vaulted ceiling. An elegant formal dining room or a cozy den offers many possibilities for friends and family to gather. The primary suite has a vaulted ceiling, walk-in closet and large bath with separate vanity areas. Work from home doesn't feel like work in your beautiful study. Study could also be third bedroom. This home site is located in a spectacular wooded setting with walking trails to Deer Pond and all the amenities that Redbrook has to offer. Hiking, biking, kayaking and the YMCA all conveniently close to home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017