4962 Lerkas Way
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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 |
|---|---|---|---|
| May 5, 2022 | Sold | ||
| Sold | |||
| Apr 12, 2022 | Listed by Coldwell Banker Realty | $1,195,000 | |
| Listed by Coldwell Banker Realty | |||
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Completely remodeled with the finest quality of materials and finishes. One of the many exquisite features include a large gourmet kitchen fit for the finest chef. Viking appliances, walk in pantry, two islands, wine fridge, custom cabinetry and beautiful granite counters. This area as well as the living room opens to inviting patios and outdoor living space. Gorgeous fireplace situated in cozy sitting area surrounded by formal dining (amazing one-story high, twinkling chandelier adds to the dramatic elegance). All rooms spacious; large bedroom and private bath on first level. Master suite is gigantic with beautifully remodeled bath; walk in shower and much more. Master suite opens to a quiet balcony for sipping that first cup of tea or coffee. This perfect floorplan is masterfully designed to accompany the many needs of adult living. Ocean Hills Country Club has an upscale environment to match none other. Visit the 27,000 SF club house and all the tremendous amenities and activities. OHCC offers an 18 hole private golf course, tennis, pickleball, pool, spa...the list goes on and on! Community is gated with guards and patrols 24 hours a day.
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| May 8, 2020 | Sold | ||
| Sold | |||
| Apr 8, 2020 | Listed by Coldwell Banker Realty | $699,000 | |
| Listed by Coldwell Banker Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017