5 Lexington Dr
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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 |
|---|---|---|---|
| Jun 26, 2023 | Sold | ||
| Sold | |||
| Apr 1, 2023 | In contract | - | |
| In contract | |||
| Oct 2, 2022 | No longer available | - | |
| No longer available | |||
| Jul 22, 2022 | Listed by RE/MAX OUR TOWN | $1,650,000 | |
| Listed by RE/MAX OUR TOWN | |||
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Elegant Center Hall Colonial Style home located in Kingsland Estates! Privacy galore on this Cul-de-sac street! Hardwood Floors ,Gourmet Eat-in Kit. w/ center island ,sep.eating area w/plenty of Light! Sunken FR. with floor to ceiling windows,recessed lighting,Frpl. Gas,Formal LR w/french doors to Library w/ built-ins,Formal DR oversized, Au pair suite,full bath & Powder Rm,2nd flr,offers 4 Oversized bedrooms, MBRw/Frpl.(Gas) Dbl.Sided,Sitting rm, office,plus full bath+walk-in closets,plus common bath and other full bath,Open Hallway overlooking FR! Full Semi-Finished Basement w/Home Theater(All equip.included) &Seating also, rec-room w/frpl.,gym(equip.included), den,plus storage & utility room. Walk-out into a fabulous rear yard with Hot Tub( has not been used by this owner,ASIS Cond) no known issues! Come & enjoy viewing this Wonderful Home!! Close to all major Highways 78,287,202,206,22,GSP,Tpke,& NY Trains! Close to Schools ,Center of Town & Mall ! Viewed by Appt. only! Preapproved Buyers welcomed! The manager has listed the unit size as 6541 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017