5226 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 |
|---|---|---|---|
| Sep 9, 2024 | Listed | $220,000 | |
| Listed | |||
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Style and comfort in this beautiful renovated home. The open floor plan features the vaulted living room ceiling and wood burning fireplace. Quartz countertops and stainless steel appliances in the kitchen. New in 2023 A/C, electrical and plumbing systems, and flooring throughout the entire home, 3rd room can be used as a bedroom or as a large playroom. Home backs to a Green Area providing privacy and relaxation. Enjoy watching cardinals and other birds from your home or take a walk through the new wrought iron gate. This home is conveniently located with easy access to the airport, the Hardy Toll, and I-45
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| Jan 9, 2023 | Sold | ||
| Sold | |||
| Oct 26, 2022 | Listed by Surge Realty | $199,000 | |
| Listed by Surge Realty | |||
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About Spring
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Currently no similar homes aroundNearby Rentals
$2,100 /mo
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$2,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017