49575 Lincoln Drive
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 |
|---|---|---|---|
| Nov 29, 2023 | Sold | ||
| Sold | |||
| Nov 3, 2023 | Listed by HomeSmart | $715,000 | |
| Listed by HomeSmart | |||
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jul 12, 2018 | Sold | ||
| Sold | |||
| May 29, 2018 | Listed | $355,000 | |
| Listed | |||
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This stunning 4 Bedroom Private Pool & Spa Home is in turnkey condition, and is being sold furnished to perfection. This gorgeous home has an inviting open light bright floorplan, cook's kitchen w/ breakfast bar, tastefully decorated great room w/ fireplace and high ceilings, large dining area, impressive master suite, and elegant plantation shutters. Sliders off the great room & master bedroom give great access and open up to the pool/spa area. Entertainer's backyard features a large saltwater pool, spa, BBQ grill, custom daybed, all located on an oversized lot with numerous citrus fruit trees. Truly a prime location in Indian Palms Country Club w/ golf course facilities, access to a modern equipped fitness center, 4 lighted tennis courts, both Pickle and Bocce Ball courts, and restaurant. Perfect for full-time, second home or excellent vacation rental (close to Coachella, Stagecoach, and Empire Polo grounds). Guard gated community w/low HOA & preferred lower electric IID district. The manager has listed the unit size as 2014 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017