540854 LEM TURNER Road
About This Property
Nassau County 1 Acre Large Lot 3/2 Home Recently Updated and Ready For Move In! A Massive nearly 1 acre lot fully mowed with NO hoa or covenants and restrictions with endless possibilities! New Siding, newer roof, updated electrical, new sub flooring, new LVT and carpet, new tile backsplash, updated lighting, interior laundry room and more - just a handful of the many updates that have been made to this home! Kitchen has Stainless appliances with ample storage with a large picture window overlooking your large backyard and outdoor storage area! Clear WDO and 4 Point Inspection and Brand New Survey - Home will not qualify for FHA or VA.
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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 |
|---|---|---|---|
| Dec 5, 2024 | Sold | ||
| Sold | |||
| Nov 18, 2024 | In contract | - | |
| In contract | |||
| Nov 8, 2024 | Price Decreased |
$239,000
↓ $6K
(2.5%) | |
| Price Decreased | |||
| Oct 23, 2024 | Relisted | $245,000 | |
| Relisted | |||
| Oct 22, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017