538 Lumbert Mill 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 |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Jun 29, 2024 | In contract | - | |
| In contract | |||
| Jun 7, 2024 | Listed by Sotheby's International Realty | $695,000 | |
| Listed by Sotheby's International Realty | |||
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Ensconced in serene pond-front beauty sits this character-laden Cape, where every day's cadence is set by light on the water, changing seasons, myriad wildlife and peaceful view. Ideally positioned to capture its waterside aspect, a free-flowing floor plan with 10 distinct spaces or rooms, plus 3 full baths, lives much larger than the square footage suggests. The open concept, front-to-back living/dining/kitchen area with picture windows opens to an expansive deck overlooking the pond. A private, primary bedroom suite commands the 2nd floor, while the finished lower-level with full bath, 5 distinct living spaces & walk-out to patio create further gathering & getaway options. Wide wood floorboards, fireplace, exposed beams & mature gardens enhance charm. Recent updates include new windows & sliders, & high efficiency natural gas boiler. A world-away sanctuary on the village fringe, with successful airbnb history, convenient to beaches, shopping, amenities. Buyers/agents must verity all.
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| Jul 17, 2015 | Sold | ||
| Sold | |||
| Jun 24, 2015 | Listed by Sotheby's International Realty | $339,000 | |
| Listed by Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017