605 Lynnette Circle
About This Property
ORIGINAL OWNERS FROM 1969 and the owner is an obsessive-compulsive cleaning machine! This home has been babied for 50 years! NEWER ROOF and NEWER DUAL-PANE WINDOWS! The POOL has also been meticulously cared for and is ready for you to jump in! (bring your own towel, please) It has a large yard with privacy! This is the perfect family house! LOW TAXES! (I thought I found a spec of dust on the floor...but turns out it was just something in my eye).
The yard does not have grass because they stopped watering to save the planet. The irrigation is in and the sprinklers worked fine.
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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 |
|---|---|---|---|
| Nov 12, 2019 | Sold | ||
| Sold | |||
| Oct 3, 2019 | Listed by California Realty Experts | $499,900 | |
| Listed by California Realty Experts | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017