54 Lynbrook Avenue
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 |
|---|---|---|---|
| Dec 9, 2025 | Sold | ||
| Sold | |||
| Jul 26, 2025 | In contract | - | |
| In contract | |||
| Jul 3, 2025 | Price Decreased |
$669,000
↓ $30K
(4.3%) | |
| Price Decreased | |||
| Jun 2, 2025 | Listed by South Shore Marketing | $699,000 | |
| Listed by South Shore Marketing | |||
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|
Huge Price Improvement! Don’t miss an incredible opportunity to own this amazing home at a fantastic value! Someone's going to get a great deal here, make sure it's you!! Beautiful 3 bedroom, 1.5 bath home in desirable location. This charming home boasts an inviting open-concept living and dining area featuring new hardwood floors and a cozy wood-burning fireplace.
The kitchen includes marble countertops and several new appliances.
Upstairs, you’ll find a freshly painted retreat for the whole family featuring 3 bedrooms with hardwood flooring and a full bath.
Enjoy more living space and storage in the partially finished basement with half bath. Step outside and sip a cup of coffee on the welcoming front porch. Entertain and make memories in the fully-fenced yard, which includes a covered patio. Located just moments from local parks, LIRR, schools, shops, restaurants and the Southern State Parkway.
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| Oct 28, 2020 | Sold | ||
| Sold | |||
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017