8 Lancaster Cir #228
About This Property
The manager has listed the unit size as 806 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 |
|---|---|---|---|
| Apr 22, 2024 | No longer available | - | |
| No longer available | |||
| Mar 1, 2024 | In contract | - | |
| In contract | |||
| Feb 27, 2024 | Price Decreased |
$304,900
↓ $4K
(1.3%) | |
| Price Decreased | |||
| Feb 14, 2024 | Listed | $309,000 | |
| Listed | |||
| | |||
|
New Price! Introducing an exquisite 2 Bedroom Westwood Cove Condo! This upper unit offers an inviting, airy ambiance. The living room is bright and spacious, with a dining area adjacent to the kitchen. Enjoy modern updates including newer paint and mirrored closet doors. The kitchen features granite counters and some stainless steel appliances, complemented by a private balcony deck patio for outdoor relaxation. Convenient storage space is available next to the patio. Amenities include an A/C wall unit in the living room and in-unit washer and dryer. Parking is hassle-free with one covered and one uncovered spot. The community offers a swimming pool, hot tub, clubhouse, and some paid utilities. Ideally situated just 5 minutes from the nearest BART Station, and within easy reach of Highway 4 and Interstate 680. Explore nearby shopping options conveniently located within minutes." The manager has listed the unit size as 806 square feet.
| |||
| Jun 9, 2020 | 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 |
|---|---|---|---|---|---|---|---|
|
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