5409 Lynnette 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 |
|---|---|---|---|
| Dec 3, 2021 | No longer available | - | |
| No longer available | |||
| Oct 20, 2021 | In contract | - | |
| In contract | |||
| Oct 16, 2021 | Listed by Imagine Real Estate | $309,900 | |
| Listed by Imagine Real Estate | |||
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Desirable 6BR 3 bath basement rancher on large level lot in Fountain City. The main level features large eat in Kitchen, beautiful hardwood floors, Spacious living room with large window that brings in natural light, master on main with en suite bathroom and 2 additional bedrooms and 2nd full bathroom. The walkout basement offers a cozy family room with wood burning FP, 3 additional bedrooms and full bath/laundry room. There is also a large storage room. Outside you will find a nice level corner lot in which the back yard is fenced. Lovely back deck for entertaining. A 2 card garage with workshop/storage space finishes off this spectacular home. Roof is approx. 6yrs old. Ring doorbell to remain. Washer and Dryer do not convey. The manager has listed the unit size as 2250 square feet.
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| Aug 30, 2019 | Sold | ||
| Sold | |||
| Apr 11, 2019 | Listed by Your Home Sold Guaranteed Realty | $218,900 | |
| Listed by Your Home Sold Guaranteed Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017