8 Lancaster Cir #118
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 |
|---|---|---|---|
| Aug 29, 2025 | Listed | $289,000 | |
| Listed | |||
| | |||
|
Welcome to 8 Lancaster Circle. a beautifully updated 2-bedroom, 1-bathroom condo that's ideal for a first-time homebuyer. Step into a light-filled living space and a modern kitchen with updated appliances, all set for you to move right in. Enjoy the convenience of an in-unit washer and dryer, two dedicated parking spaces, and a private patio for your morning coffee. The community also features a refreshing swimming pool and hot tub, perfect for unwinding. Located just a quick drive from the BART station, shopping, and dining, this home offers the perfect blend of comfort and accessibility. Whether you're a first-time homebuyer looking for a fantastic place to start, or a savvy investor looking for strong rental potential this is an opportunity you don't want to miss. shedule your private tour today!
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| Aug 23, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| Jun 6, 2024 | Listed by Prosper Real Estate | $308,888 | |
| Listed by Prosper Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/06/2024
|
2 Bed
|
1 Bath
|
806 ft²
|
$308,888
2 Bed
1 Bath
806 ft²
|
$309,000
+0.04%
08/23/2024
|
Kevin Methvin
Prosper Real Estate
| |
|
02/14/2024
|
2 Bed
|
1 Bath
|
806 ft²
|
$309,000
2 Bed
1 Bath
806 ft²
|
-
-
|
Eddie Santos
Realty ONE Group Future
| |
|
05/26/2020
|
2 Bed
|
1 Bath
|
806 ft²
|
$239,000
2 Bed
1 Bath
806 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017