51
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8922 Lazy River Drive
About This Property
The home also boasts a 1,000+ square foot unfinished basement with a large media room, complete with projector, screen, and equipment, plus an additional garage for extra storage.
Recent upgrades include a new roof (4 years old), HVAC units (3 and 5 years old), pool liner (1 year old), gutters (1 year old), pool deck (3 years old), and a water heater (3 years old). This home is located in a quiet neighborhood, conveniently close to shops, parks, and restaurants. Don't miss the opportunity to make this well-maintained home yours!
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Cap Rate Calculator
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 20, 2025 | Listed by The Source Real Estate Group | $575,000 | |
| Listed by The Source Real Estate Group | |||
| |||
|
FOR RECORDS PURPOSES ONLY.
| |||
| Jun 16, 2025 | Sold | ||
| Sold | |||
| Mar 28, 2025 | Listed by The Source Real Estate Group | $575,000 | |
| Listed by The Source Real Estate Group | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 30, 2021 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017