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8721 LATHAM LANE
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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 |
|---|---|---|---|
| Oct 19, 2026 | Price Decreased |
$384,000
↓ $16K
(4%) | |
| Price Decreased | |||
| Oct 8, 2026 | Listed by RE/MAX CHAMPIONS | $400,000 | |
| Listed by RE/MAX CHAMPIONS | |||
| Jul 2, 2025 | Price Decreased |
$399,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Jun 2, 2025 | Listed | $409,000 | |
| Listed | |||
| | |||
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Located in the beautiful Barrington Woods subdivision, you will find this impeccably maintained home completely updated and move-in ready! This 3 bedroom 2 bath with a split floor plan provides plenty of room to entertain, work from home, or redefine living spaces. Upon arrival, you will note its’ placement on a pinnacle, high and dry, with freshly completed landscaping adding to the curb appeal. The welcoming entrance draws you in to the openness of the great room, with natural light dancing through the rooms. You will note the freshly painted interior, with ceilings freshly updated - no surface was left untouched! The dining room is open and currently utilized as an office. The kitchen was beautifully redesigned in 2024 with sparkling quartz countertops, stainless appliances, and flooring. The split floorpan offers flow for multiple inhabitants, with well appointed individual spaces. The primary suite is a retreat, with beautifully decorated spaces, and modern barn doors inviting you to a large ensuite bath for a soak at the end of a long day. Peek inside the closet, and you will find envy-worthy storage that was designed 2024. The outdoors offers a large screened lanai overlooking the lush grass lawn. Location can't be beat with beach only 1.5 miles away, grocery located just outside the community, shops and eateries plentiful, you can have convenience at your fingertips. The community offers amenities galore, most of which are available during the clubhouse renovation. Schedule your tour today!!
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| Apr 11, 2024 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017