390 Lanier Road
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 |
|---|---|---|---|
| Nov 5, 2025 | Sold | ||
| Sold | |||
| Oct 4, 2025 | In contract | - | |
| In contract | |||
| Sep 19, 2025 | Listed by Keller Williams Legacy | $595,000 | |
| Listed by Keller Williams Legacy | |||
| Sep 21, 2022 | No longer available | - | |
| No longer available | |||
| Aug 20, 2022 | Listed by JPAR - Uptown | $595,000 | |
| Listed by JPAR - Uptown | |||
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This Combine Compound is the type of property legacies are built on! INSTANT INVESTMENT OPPORTUNITY with the detached guesthouse. Looking for a Peaceful Place to Relax and call Home? YOU'VE FOUND IT! Completely fenced in 3.8 acres of rolling sandy soil terrain with beautiful mature trees. This property features a main house with 3 bedrooms and 2 bathrooms, a one bedroom and one bathroom guest house and a modular home with great rental potential. It also has a 20x30 barn with workshop, 15x12 storage building and office, custom electric gate entrance for extra security, oversized driveway with ample parking and a 40ft paved RV parking and cover. Did I mention that it’s only 20 miles from downtown Dallas? You do not want to miss this homestead ready!Buyer may need to obtain a new survey
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017