406 Lexington Avenue
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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 |
|---|---|---|---|
| Mar 13, 2025 | Sold | ||
| Sold | |||
| Feb 11, 2025 | In contract | - | |
| In contract | |||
| Dec 27, 2024 | Listed by Mega Realty | $327,000 | |
| Listed by Mega Realty | |||
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Welcome to this enchanting home that greets you with a stunning stone and cedar entrance, setting the tone for its warmth and elegance. Step inside to a spacious entryway that flows seamlessly into an oversized family room, complete with double tray ceilings and crown molding, creating a cozy yet refined atmosphere. 3-4 bedroom option. The custom kitchen is a chef’s dream, featuring solid wood cabinets, granite countertops, a gas oven, and a breakfast bar that overlooks the family room and dining area—perfect for entertaining or everyday living. Retreat to the privately located primary suite, a haven designed for relaxation. The luxurious primary bath boasts a huge glass-enclosed shower, double sinks, and a jetted tub—ideal for soothing bubble baths after a long day. Step outside to your covered back patio, the perfect spot to unwind and watch the sunset over your backyard oasis. Don’t miss the chance to call this captivating property your home! Schedule your private showing today.
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| Mar 11, 2021 | Sold | ||
| Sold | |||
| Jan 29, 2021 | Listed by Ambassador Realty | $264,900 | |
| Listed by Ambassador Realty | |||
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LOT 2 BLOCK 2 COLLEGE PARK ESTATES SEC 6
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017