88 Legend 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 |
|---|---|---|---|
| Mar 24, 2021 | Sold | ||
| Sold | |||
| May 6, 2019 | Listed by Martha Turner Sotheby's | $275,000 | |
| Listed by Martha Turner Sotheby's | |||
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Incredible opportunity to acquire an exceptionally wide bayou front lot in the prestigious, private gated community of Legend Lane Townhomes! If exclusivity and privacy are important to your building plan, this location is sure to delight. Ideally situated at the end of a cul-de-sac, this lot has been cleared of previous dwelling and provides calming views of lush, natural foliage. Experience the charm and convenience of dining and shopping just a short walk or ride away in beautiful and innovative Memorial Green! Legend Lane Townhomes is a gated and deed restricted community zoned to the incredible schools of Spring Branch Independent School District! Ready for purchase now and build later!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017