61 Lynbrook Drive
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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 |
|---|---|---|---|
| Aug 26, 2025 | Sold | ||
| Sold | |||
| Aug 13, 2025 | In contract | - | |
| In contract | |||
| Aug 6, 2025 | Listed by Exit Realty All Pro | $574,990 | |
| Listed by Exit Realty All Pro | |||
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Cozy 2br Ranch with den! Many updates to include EIK, Laminate flooring throughout, full bath with subway tile, new SS appliances, rear deck, fully fenced, maintenance free exterior, Belgium block lined driveway, mature plantings stay, attic has pull down stairs, 2 windows and plywood lined for amazing storage or future build up! Low taxes! Close to beach, shopping and major roadways! Possible sewer hookup available, verify all info supplied, seller makes no representations.
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| Feb 4, 2023 | Sold | ||
| Sold | |||
| Aug 8, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017