705 Lighthouse 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 |
|---|---|---|---|
| Mar 18, 2025 | Sold | ||
| Sold | |||
| Feb 9, 2025 | In contract | - | |
| In contract | |||
| Feb 6, 2025 | Price Decreased |
$375,000
↓ $15K
(3.9%) | |
| Price Decreased | |||
| Jan 30, 2025 | Listed by @properties Christie's International Real Estate | $390,000 | |
| Listed by @properties Christie's International Real Estate | |||
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Never run out of space in this freshly updated 4 bedroom home in Turnberry subdivision! Enjoy Wallace Grade School District and a double lot that features a fully fenced in backyard oasis with 2 sheds, a water fountain, gazebo, fire pit, gravel walking paths, paver patio and enough room for more! You are welcomed by beautiful hardwood floors and a light filled sitting room with Pella windows that could also be used as a separate dining room. The kitchen has been updated to add character including new countertops, sink, all new appliances, lighting and wall accents. Primary bedroom features tray ceiling and a private full bath with new tile flooring, backsplash, shower, lighting and vanity. Two additional nice sized bedrooms and full bathroom on the second level. You will never want to leave this cozy lower level family room which also has a new electric fireplace, carpet and sliding glass doors leading out to the backyard. 4th bedroom with new carpeting and 3rd full bathroom on lower level. Enjoy the bonus room as a theatre, bar, office, playroom - the possibilities are endless! This home is one of a kind and takes the prize as the largest lot in the subdivision. Additional upgrades include: new washer/dryer, new AC & furnace 2023, carpeting, paint, garage door, gutters with leaf guard, GENERAC, and furnace with Air Bear filter. A few furniture items are staying for the next owner, complimentary with purchase! Come take a look!
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| Sep 30, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017