48 Lucy 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 |
|---|---|---|---|
| Jan 17, 2025 | Sold | ||
| Sold | |||
| Dec 2, 2024 | In contract | - | |
| In contract | |||
| Nov 20, 2024 | Listed by Cote Partners Realty LLC | $460,000 | |
| Listed by Cote Partners Realty LLC | |||
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**Offer deadline Monday 11/25 @ 5pm** Welcome to 48 Lucy Ln in Somerset! This beautifully maintained, single-owner home offers both comfort and privacy. With a spacious layout, it features generously sized bedrooms, 1 full bathroom, and a half bathroom. The inviting design is perfect for hosting family gatherings or enjoying peaceful evenings at home. Highlights include a fenced backyard, a single-car garage, a walkout lower level, and more! Lovingly cared for, this home is a fantastic choice for anyone seeking a cozy retreat in a quiet, sought-after neighborhood.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017