396 Weimer Lagoon Road
About This Property
Located in the highly desirable Morgan's Landing community, residents enjoy an incredible list of amenities including a community pool with adjacent green space available for resident party reservations, a dog park, playground, and a scenic walking trail around the neighborhood pond, which is stocked for fishing. A picnic area with grills and tables rounds out the outdoor offerings.
The community also hosts seasonal events, including community markets open to vendor sign-ups and a festive 4th of July golf kart parade. Don't miss this move-in ready home in one of the area's most amenity-rich neighborhoods!
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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 |
|---|---|---|---|
| Sep 14, 2026 | Listed by Keller Williams Summit | $379,999 | |
| Listed by Keller Williams Summit | |||
| Aug 3, 2026 | Sold | ||
| Sold | |||
| Jul 3, 2026 | In contract | - | |
| In contract | |||
| Jun 24, 2026 | Price Decreased |
$303,000
↓ $16K
(4.9%) | |
| Price Decreased | |||
| Jun 10, 2026 | Price Decreased |
$318,500
↓ $17K
(4.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017