9 Luongo Farm Ln
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%.
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 |
|---|---|---|---|
| Jun 12, 2020 | Sold | ||
| Sold | |||
| Feb 20, 2020 | Listed by Coldwell Banker Residential Brokerage - Arlington | $1,998,000 | |
| Listed by Coldwell Banker Residential Brokerage - Arlington | |||
| Jan 27, 2017 | Sold | ||
| Sold | |||
| Dec 7, 2015 | Listed by Coldwell Banker Realty - Lexington | $1,878,000 | |
| Listed by Coldwell Banker Realty - Lexington | |||
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Last available new construction in Luongo Farm; a luxury sub division of beautifully built homes by one of Lexington’s most respected custom builders. This handsome colonial is situated in a prime location at the end of the cul-de-sac on a .4 acre lot, affording privacy and tranquility. Quality craftsmanship, the trademark of this builder, will be apparent throughout this four bedroom home. The features will include a gourmet chef’s kitchen with Sub Zero refrigerator, Wolf range, Fisher Paykel dishwasher, custom cabinets and granite island all opening to a beautiful gas fireplaced familyroom. A comfortable efficient floor plan, built with an uncommon degree of excellence, exceptional mill work, energy efficiency and located in a convenient location combine to make this a home well suited for the most discerning buyers.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017