4007 LYMAN RD
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 21, 2025 | Sold | ||
| Sold | |||
| Jul 30, 2025 | In contract | - | |
| In contract | |||
| Jul 14, 2025 | Listed by Red Oak Realty | $995,000 | |
| Listed by Red Oak Realty | |||
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What more could you ask for? 4007 Lyman Road is a lovely and spacious two bedroom in a wonderful Oakmore location. Living room has random plank hardwood floors and fireplace; a large kitchen opens into the formal dining room with a bay window and lovely tree views. There are custom window coverings throughout the house and custom storage in the first bedroom, great yard views in the rear one. Fabulous sunny and private back yard has a large deck with awning, terraced landscaped yard, storage shed, sprinklers, lights and a drip irrigation garden. Home has an upgraded electrical system with generator backup, substantial seismic retrofitting, and a modern drainage system.
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| Mar 8, 2016 | Sold | ||
| Sold | |||
| Feb 12, 2016 | Listed by COMPASS | $649,000 | |
| Listed by COMPASS | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017