40 Lyn Ln.
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 15, 2025 | Sold | ||
| Sold | |||
| Jul 11, 2025 | In contract | - | |
| In contract | |||
| Jul 6, 2025 | Listed | $339,000 | |
| Listed | |||
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EDGEWAY OF MIDDLEBORO, an over 55 Resident Owned Community. TWO-Bedrooms, THREE Full Baths, RANCH STYLE MODULAR HOME. Features include an Open Floor Plan with the Kitchen/Dining/Livingroom with Surround Sound. The Primary Bedroom is Spacious (24x14) with TWO Adjoining Full Baths; one with a Shower and the other with a Jacuzzi/Soaking Tub (both Handicap-accessible). An oversized closet (10x4) includes shelving, is situated between the two primary bathrooms. The 3rd Bathroom has two access doors (one to the main hallway and one adjacent to the 2nd Bedroom with good-sized closet. SPACIOUS KITCHEN.......... All appliances, washer/dryer and Trash Compactor included. UPDATES INCLUDE: New Water Heater (2020), New Kitchen Faucets (2023), New Furnace & AC Units (2024), all new Gas Piping (2024), New Anderson Sliding Doors to Patio (2024), New Roof w/transferable warranty (2025). Private Side-Yard includes a Storage Shed. 2 Pets allowed. EASY TO SHOW!
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| Dec 9, 2022 | Sold | ||
| Sold | |||
| Nov 17, 2022 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017