551 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 |
|---|---|---|---|
| Oct 13, 2017 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $359,900 | |
| Listed | |||
| | |||
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Set back from the road, on over an acre of pond front land sits this amazing three bedroom, 3 bath contemporary Cape style home. An entertainers dream, the open concept first floor features an updated kitchen with granite counter tops, new appliances, dining area, office, full bath, living room and family room. Two sliders lead the expansive deck overlooking Flowing Pond. Views of the pond from the second floor master bedroom which features an updated bathroom and walk in closet. Two additional bedrooms and another full bath complete the second floor. Exterior is newly landscaped and features exceptional masonry work.The manager has listed the unit size as 1976 square feet.
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| May 30, 2017 | Listed by Seaport Village Realty, Inc. | $349,900 | |
| Listed by Seaport Village Realty, Inc. | |||
| Nov 30, 2016 | Sold | ||
| Sold | |||
| Oct 5, 2016 | Listed by Seaport Village Realty, Inc. | $225,000 | |
| Listed by Seaport Village Realty, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017