5 Lancaster Cir #231
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 |
|---|---|---|---|
| Jul 9, 2025 | Sold | ||
| Sold | |||
| Jun 20, 2025 | In contract | - | |
| In contract | |||
| May 14, 2025 | Listed by E3 Realty & Loans | $245,000 | |
| Listed by E3 Realty & Loans | |||
| | |||
|
Impeccably updated 1BD/1BA upper-level condo perfect for first-time buyers! This light-filled 621 sq ft home features vaulted ceilings, wide-plank luxury vinyl flooring, and designer finishes throughout. The modern kitchen boasts quartz countertops, stainless steel appliances, and soft-close cabinetry. Enjoy a spacious open-concept layout with a dining area, remodeled bath with stylish vanity, and an in-unit washer/dryer. Relax on your private balcony surrounded by mature trees, offering peaceful outdoor space. The bedroom features mirrored closet doors and contemporary lighting. Move-in ready and truly turnkey, this home combines comfort and style! Located in a gated community with pool access, assigned parking and convenient proximity to freeway, BART, and shopping.
| |||
| Mar 11, 2025 | Sold | ||
| Sold | |||
| Jan 2, 2025 | Listed by Town & Country Realty | $169,000 | |
| Listed by Town & Country Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/02/2025
|
1 Bed
|
1 Bath
|
621 ft²
|
$169,000
1 Bed
1 Bath
621 ft²
|
$140,000
-17.16%
03/11/2025
|
Matthew Kavanaugh
Town & Country Realty
| |
|
08/11/2015
|
1 Bed
|
1 Bath
|
621 ft²
|
$109,900
1 Bed
1 Bath
621 ft²
|
$120,000
+9.19%
12/01/2015
|
KRISTA MASHORE
EXP REALTY
|
Building Info
- 2 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017