39 Lynbrook 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 2, 2024 | Sold | ||
| Sold | |||
| Jun 18, 2024 | In contract | - | |
| In contract | |||
| Jun 7, 2024 | In contract | - | |
| In contract | |||
| May 31, 2024 | Listed by Coldwell Banker American Homes | $399,990 | |
| Listed by Coldwell Banker American Homes | |||
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Charming 2-bedroom ranch is ready for new owners. This lovely home will delight you with its many updates, including a new roof, large deck, and newer windows and vinyl siding. The kitchen is light and bright with a brand-new stainless-steel refrigerator. Beautiful hardwood floors are present in the living room and bedrooms. There's a full basement that is partially finished with a den that is perfect for entertaining or home office needs. The basement also has an impressive area for storage. The yard has plenty of room for outdoor fun. Relax and sun on the new deck. The shed is both insulated and electrified. This much loved and cared for home is a wonderful opportunity to live on the North Shore of Long Island. Just minutes to Mt. Sinai Harbor, Cedar Beach and a short drive to Riverhead, with its abundance of shopping, restaurants and entertainment. Enjoy the East End wineries and beaches. It's a wonderful life!
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| Mar 25, 2022 | No longer available | - | |
| No longer available | |||
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About Sound Beach
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$9,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017