3991 Lightning Lane
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 1, 2024 | Sold | ||
| Sold | |||
| Jul 11, 2024 | In contract | - | |
| In contract | |||
| Jun 8, 2024 | Price Decreased |
$750,000
↓ $40K
(5.1%) | |
| Price Decreased | |||
| Jun 3, 2024 | Price Decreased |
$790,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Apr 15, 2024 | Listed by COLDWELL BANKER VANGUARD REALTY | $800,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
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Your modern farmhouse awaits! Ready for your homestead, hobby farm/garden, or just quiet country living. 5 beds, 4 baths, large office, chef's kitchen with a Premier 6 burner propane gas range, large master closet/safe room, formal dining room, great room with log burning fireplace and barn doors. 7.14 acres already fenced, 2 car garage, room for RV/boat parking, brick paver patio, chicken coup, and covered stalls. ADA compliant first floor, unfinished attic space potential, perfect for large families or multigenerational living. Close to historic Green Cove Springs or St. Augustine, 15 minutes to Black Creek boat ramp or Lake Asbury. This peaceful countryside haven is move-in ready and a must see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017