51 Lancaster Road
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 22, 2019 | Sold | ||
| Sold | |||
| Oct 15, 2019 | Listed by LAER Realty Partners | $468,000 | |
| Listed by LAER Realty Partners | |||
| | |||
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Spacious 5 bedroom, 3 1/2 bath home with beautiful outdoor space, perfect for ENTERTAINING! In-ground pool with outdoor cabana includes a grill, sink and seating area! Large pristine patio with outdoor lighting... plenty of room for large gatherings. Brand new pool fence! Fantastic new(2018) sunroom with loads of glass and direct access to the pool. Kitchen has cherry cabinets with granite counters and stainless steel appliances. Buderus, 220v 50amp plug for a car charger, fireplace, solar panels and much more! Private! Abuts the International Golf Course. Over $150,000 in upgrades since ownership! Great commuter location! Don't miss this one!
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| Dec 20, 2013 | Sold | ||
| Sold | |||
| Aug 19, 2013 | Listed by Keller Williams Realty North Central | $349,900 | |
| Listed by Keller Williams Realty North Central | |||
| May 15, 2013 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017