60 Lexington Dr
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 |
|---|---|---|---|
| Mar 6, 2025 | Sold | ||
| Sold | |||
| Jan 21, 2025 | In contract | - | |
| In contract | |||
| Jan 16, 2025 | Listed by Kinlin Grover Compass | $559,000 | |
| Listed by Kinlin Grover Compass | |||
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Ta-Dah! Experience the best of easy-maintenance, coastal living! This tastefully renovated home offers a perfect blend of comfort and style. Situated on a cul-de-sac south of Route 28, it is close to beaches and many amenities. An inviting, open kitchen flows into an enchanting living area, ideal for entertaining or relaxing. It features two fully renovated bathrooms, two bedrooms, plus an additional room with many possibilities. Outdoor living is a highlight of this property. A generous patio is perfect for al fresco dining or for enjoying the tranquility. The private outdoor space includes a fire pit and an outdoor shower. A storage shed (2019) yields ample room for all your outdoor equipment/beach toys. Additional features include central air conditioning, wiring for a portable generator, and 3-zone irrigation. Don’t miss the opportunity to make this home with town water, town sewers, a newer roof, and 2019 HVAC system your own. Buyers/buyers' agents, please verify all herein.
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| Aug 28, 2014 | Sold | ||
| Sold | |||
| Apr 13, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017