8 Lacewing Place
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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 26, 2022 | Sold | ||
| Sold | |||
| Apr 14, 2022 | Listed by Compass Re Texas, LLC | $1,250,000 | |
| Listed by Compass Re Texas, LLC | |||
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Gorgeous white brick custom located on private 1.13 ac wooded lot in Grogan's Point. Hard to find cul-de-sac w/ walkways thru wooded spaces & mature trees, extensive grassy areas, fire pit, no neighbors in sight. Enter through the custom wrought iron doors into the grand entry adorned w/ crystal chandelier (electronic pulley) & 2 story wood paneled library/study. Massive Chef's kitchen, granite counters, SS Wolf 5-burner gas cooktop, Sub-Zero refrigerator, Dacor double ovens. Spacious primary w/ sitting room, vaulted ceiling. Exquisite millwork, designer finishes, matte marble floors, 2 BR down on separate wings, ea w/ private backyard access. Wall of windows across back of home overlook the estate, elegant formal dining; 4 BR & large game room up; 4 car garage w/ epoxy floors; professional landscaping; gorgeous flower beds surround the pool/spa complete w/ LED color lighting & rock waterfalls, summer kitchen, large patio & separately fenced dog run. 5 yr roof. 1BR+1BA not pictured
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017