775 Lumbert Mill Rd
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 |
|---|---|---|---|
| Sep 4, 2024 | Sold | ||
| Sold | |||
| Jul 19, 2024 | In contract | - | |
| In contract | |||
| Jul 3, 2024 | Listed by Silverstone Capeside Realty Group | $590,000 | |
| Listed by Silverstone Capeside Realty Group | |||
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Charming three bedroom & two bathroom ranch nestled on .45 acres that has been well cared for & maintained. This home offers one level living, featuring a main bedroom w/ en-suite bathroom and a large walk-in closet. The kitchen has a dining area with a slider leading to a wonderful screened porch overlooking the wooded backyard. The main bathroom is oversized w/ shower/bath-tub combination. New carpet has been installed and a fresh coat of paint has revitalized the interior space, The 1 car garage has an automatic remote door lift with keypad and access to the attic which spans the entire length of the home. The basement which is just waiting for its new owners to finish has tall ceilings and a light and bright new slider that walks out to the private back yard! The seller states the the asphalt shingle roof is approximately 11 years old and the seller will install a new three bedroom septic system upon closing, the engineering is already in the works! This turnkey home is solid!
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| Jun 15, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017