5324 Lynngate Drive
About This Property
Three bedroom, One Very Large bathroom, (Tub and Vanity areas are separate). 1392 Sq. Ft. 2016 Roof, 2013 AC, Lifetime Foundation Warranty, New Paint Entire Inside, New Carpet, 2023 Stove, 2023 Dishwasher, New Disposal, New Vent Fan for Stove, New Ceiling Fans, Entire Exterior of Home, Driveway and Sidewalks Power washed, 2024, 10x10 Storage Unit 2024.
Orange Tree in the Corner of yard.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 8, 2025 | Sold | ||
| Sold | |||
| Mar 13, 2025 | In contract | - | |
| In contract | |||
| Feb 19, 2025 | Relisted | $159,900 | |
| Relisted | |||
| Feb 15, 2025 | In contract | - | |
| In contract | |||
| Jan 14, 2025 | Price Decreased |
$179,900
↓ $20K
(10.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017