60 Lambert Ridge
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 |
|---|---|---|---|
| Nov 19, 2020 | Sold | ||
| Sold | |||
| Jul 31, 2020 | Listed by Ginnel Real Estate | $950,000 | |
| Listed by Ginnel Real Estate | |||
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The Lambert Ridge residence is a Classic Country Colonial built in 1997. It has been nicely maintained. Interior spaces are bright & sun-filled with beautifully scaled rooms and fine details. Architectural details include hardwood floors, crown molding and a fireplace. The floorplan is perfect for entertaining yet completely comfortable for every living. The residence is located on a beautifully landscaped parcel with rolling lawns, mature trees and specimen shrubs. The rear deck overlooks the open lawn and the property is conveniently located in Michelle Estates with easy access to schools, commuting arteries, train & the shops of Cross River.
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| Sep 23, 2005 | Sold | ||
| Sold | |||
| Feb 25, 2004 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017