7709 LEXTON PLACE #48
About This Property
The manager has listed the unit size as 1075 square feet.
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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%.
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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 7, 2019 | No longer available | - | |
| No longer available | |||
| Oct 20, 2018 | Listed | $269,500 | |
| Listed | |||
| | |||
|
Top floor two bedroom, two bath unit filled with light! Granite counter tops, new flooring throughout, fresh paint, wood burning fireplace in living room, small ante room off living room--ideal for small office. Spacious bedrooms; master bedroom boasts of small "Romeo/Juliet" balcony with French door and walk-in shower. Gourmet kitchen with pass thru to dining room, vaulted ceiling; shows well! The manager has listed the unit size as 1075 square feet.
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| Oct 6, 2018 | No longer available | - | |
| No longer available | |||
| Sep 6, 2018 | Relisted | $259,500 | |
| Relisted | |||
| Aug 26, 2018 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/03/2026
|
2 Bed
|
2 Bath
|
1075 ft²
|
$425,000
2 Bed
2 Bath
1075 ft²
|
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-
|
Michael Ragen
Samson Properties
| |
|
07/16/2018
|
2 Bed
|
2 Bath
|
1075 ft²
|
-
2 Bed
2 Bath
1075 ft²
|
-
-
|
-
| |
|
09/07/2018
|
2 Bed
|
2 Bath
|
1075 ft²
|
-
2 Bed
2 Bath
1075 ft²
|
-
-
|
-
|
Building Info
About West Springfield
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017