6426 Lynngate Drive
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 30, 2023 | Sold | ||
| Sold | |||
| Apr 24, 2023 | Listed by eXp Realty, LLC | $220,000 | |
| Listed by eXp Realty, LLC | |||
| May 29, 2020 | Sold | ||
| Sold | |||
| Apr 28, 2020 | Listed by Douglas Elliman Real Estate | $145,000 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
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This is the home you've been waiting for! Immaculate one-story which has been lovingly maintained by its
owner in turn key condition. New roof (4/20), new carpet in master bedroom and closet (4/20) and the interior
has been freshly painted throughout. Features include Low E windows, four side brick with Hardie siding, tile
floors, granite kitchen counter tops with designer tile backsplash and stunning fireplace. Exceptional
location within walking distance to the school and easy, quick commute to Bush Intercontinental Airport, I 45,
I 59, Hardy Toll Road and Grand Parkway. No flooding per Seller.
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Property Highlights
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About Greengate Place
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017