6416 Lambeth Lane
About This Property
Upon entering through the inviting covered front porch, you'll be welcomed by a large living area, ideal for family gatherings and entertaining. The home includes a formal living and dining room, as well as an eat-in kitchen. The primary bedroom offers its own en-suite bath, while the second bath features a dual sink vanity for everyday convenience.
Although the home could use some TLC-such as flooring updates and attention to minor settlement cracks (with no known foundation issues)-the HVAC is only 3 years old and the roof is just 5 years old, providing peace of mind. This property is perfect for anyone looking to add personal touches or invest in a renovation project.
Located conveniently near 820, I-30, shopping, and dining, this home offers both comfort and accessibility. With its spacious rooms and large backyard, the potential is endless!
**Don't miss this incredible opportunity-schedule your tour today!**
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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 |
|---|---|---|---|
| Dec 16, 2024 | Sold | ||
| Sold | |||
| Nov 23, 2024 | In contract | - | |
| In contract | |||
| Nov 3, 2024 | Listed by Only 1 Realty Group LLC | $220,000 | |
| Listed by Only 1 Realty Group LLC | |||
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About Ryanwood
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017