82577 Lincoln Drive
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%.
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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 |
|---|---|---|---|
| Mar 19, 2024 | Sold | ||
| Sold | |||
| Jan 24, 2024 | Listed by Redfin Corporation | $509,000 | |
| Listed by Redfin Corporation | |||
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Spacious 4 bed/2 bath home located in the desirable Indian Palms Country Club community boasts a spacious and open floorplan with vaulted ceilings, wood-look laminate and tile floors, and an abundance of natural light throughout the entire home! Enter through double doors into the formal entryway with glass chandelier. The secondary bedrooms sit to the left and right of the entryway, and none of the bedrooms have shared walls. There is also a full-size bathroom just past the entry which flows into the Great Room/Main Living Area with fireplace and media niche. The open kitchen features a center island with bar overhang and granite countertops, and there is an in-kitchen dining area with a another stunning chandelier! The massive Main Suite has a private slider and a private bathroom with full-size walk-in shower, dual sinks, and a huge walk-in closet! A hallway laundry room completes the floorplan. Enjoy the private backyard - this space is ready to add your own landscaping and has 2 side yards for a dog run, playset or enjoy entertaining friends and family under the pergola on the back patio. This property has potential for short term rental - buyer to verify rules and regulations. Residents of this community also get to enjoy Resort-Like amenities including a pool, spa, tennis courts, and golfing!
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| Mar 27, 2020 | Sold | ||
| Sold | |||
| Nov 27, 2019 | Listed by Redfin Corporation | $334,000 | |
| Listed by Redfin Corporation | |||
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A 4 bedroom,gorgeous and well maintained home in the heart of Indian Palms Country Club. This home boasts the desired open floor plan everyone wants! Walk into a spacious family room complete with fireplace. This area is open to the over sized kitchen island. The living area opens up to a covered patio and enclosed private backyard. The master bedroom is large with window letting lots of natural light in. The bath is good size and master also features a huge enhanced custom walk in closet. This home is truly a must see if you are looking to enjoy the desert full or part time!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017