5207 Lynngate Drive
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 |
|---|---|---|---|
| Feb 16, 2024 | Sold | ||
| Sold | |||
| Jan 19, 2024 | In contract | - | |
| In contract | |||
| Jan 12, 2024 | Relisted | $260,000 | |
| Relisted | |||
| Dec 16, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Sep 13, 2023 | Listed by Opendoor Brokerage, LLC | $260,000 | |
| Listed by Opendoor Brokerage, LLC | |||
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Welcome to this stunning home that has been completely updated! With fresh interior and exterior paint, new flooring throughout and new appliances, this home is ready for you to move in and enjoy. The natural color palette throughout the home creates a warm and inviting atmosphere and the fireplace adds a cozy touch. The kitchen has beautiful shaker cabinets with plenty of storage and stone countertops while the primary bathroom has a separate tub, custom tile shower and double sinks. There are plenty of other rooms for flexible living space and the fenced in backyard provides a great space to relax and entertain. This property has it all! Don't miss out on this amazing opportunity to own this beautiful home.
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Property Highlights
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About Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017