49771 Lincoln Drive
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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 |
|---|---|---|---|
| Oct 16, 2026 | Listed by Bennion Deville Homes | $675,000 | |
| Listed by Bennion Deville Homes | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 16, 2021 | In contract | - | |
| In contract | |||
| Mar 9, 2021 | Listed | $329,000 | |
| Listed | |||
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Welcome to Indian Palms and this bright and airy 2 bed, 2 bath home. High ceilings greet you as you enter the spacious family room with fireplace and adjacent cozy dining area. The kitchen leaves nothing to be desired! Dual pane sliders bring in the light and draw your eyes to the large back yard, perfect for entertainment and ready for a pool if you desire. The patio with aluma-wood pergola is the perfect outdoor living space. The large primary bedroom suite also opens up to the covered patio. A comfy guest bedroom and second full bath complete the interior space. The attached two-car garage has your laundry area and plenty of storage space. HOA dues include membership in the Lifestyle Center with gym and access to the community pools and tennis courts. The manager has listed the unit size as 1507 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017