609 Lincoln 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 |
|---|---|---|---|
| May 11, 2023 | Sold | ||
| Sold | |||
| Mar 25, 2023 | In contract | - | |
| In contract | |||
| Mar 18, 2023 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $625,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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Amazing Value for a Home in a Terrific Commuter Location, Close to Major Routes and Shopping. This Splendid Home Offers a Kitchen with Newer Appliances with Access to the Heated Sunroom Overlooking a Tree-lined Yard. Open Floor Plan to a Spacious Living Room with Fireplace and Bow Window with View of Abutting Woods Across the Street.. Two Good-sized Bedrooms down the Hall and Two Full Baths. A Private Third Bedroom or Space for Multi-purpose Uses is on the Second Floor with a Large Closet and Storage Area with Built-ins. The Basement is Unfinished for Plenty of Storage and Walk-out to the Tremendous Yard that has a Pathway to a Secluded and Tranquil Patio Area. The Two Car Garage has Heat and Drainage.
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| Nov 23, 2022 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 11, 2022 | Price Decreased |
$624,999
↓ $25K
(3.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017