768 Lexington Drive
About This Property
A fantastic home for entertaining! This center hall colonial has been very well maintained by the original owners. 2 fireplaces, new HVAC, roof & gutters. Full finished basement, well for lawn watering, newer windows and solid wood doors, and all hardwood flooring underneath the carpets!
Huge great room with vaulted ceilings, skylights and pantry, 3 season room w/ electric fireplace. Beautiful kitchen with kraft made cabinets, quartz counters & double oven. ADT alarm system. Plenty of storage with the 2 car garage. MBR with 2 WIC's. Just around the corner from the Reservoir!
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Cap Rate Calculator
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 1, 2022 | Sold | ||
| Sold | |||
| May 6, 2022 | Listed by Keller Williams Realty West Monmouth | $575,000 | |
| Listed by Keller Williams Realty West Monmouth | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017