49 Lambert Ridge
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 |
|---|---|---|---|
| Feb 1, 2018 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $1,049,000 | |
| Listed | |||
| | |||
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Gracious four bedroom colonial in the heart of Michelle Estates, is warm yet sophisticated, elegant yet inviting, traditional, yet modern & private, but close to transportation, restaurants & schools! A pretty portico welcomes you into this stately home. The chandelier, custom molding & wood floors will catch your eye, but the warmth of the space will make it feel like home! Each room is beautifully appointed from the formal living & dining rooms to the music & family room w/windows galore & wood burning fireplace. The kitchen is designed for a chef w/six burner Viking stove, sub-zero fridge, granite counters & walk in pantry. Upstairs the MBR suite w/large sitting room, double sided gas fireplace & French doors that opens into a tranquil & exquisite bedroom w/a tree top views! Spa like bath exudes relaxation & comfort! Three additional bedrooms & hall bath complete the upstairs. Rec room and storage in the basement, two beautiful patio's & the 3 car garage are calling you home! The manager has listed the unit size as 4364 square feet.
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| Jun 14, 2017 | Listed by Coldwell Banker Res Brokerage | $1,049,000 | |
| Listed by Coldwell Banker Res Brokerage | |||
| Aug 18, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017