9642 Lavender Mist Lane
About This Property
Welcome to this stunning home located in the highly sought after Seven Lakes High School district This spacious property greets you with a grand two story foyer featuring beautiful hardwood floors, setting the tone for elegance throughout the home.
The first floor offers 2 bedrooms, including a primary suite, a dedicated study, and an open concept layout. Upstairs, you'll find 3 additional large bedrooms, a cozy nook, and a versatile game room perfect for entertaining or family time.
The exterior features a beautiful stone front elevation and an extended backyard with fresh mulch, complete with a gazebo for outdoor relaxation.
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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 |
|---|---|---|---|
| Feb 24, 2025 | Sold | ||
| Sold | |||
| Jan 10, 2025 | In contract | - | |
| In contract | |||
| Dec 2, 2024 | Price Decreased |
$545,000
↓ $20K
(3.5%) | |
| Price Decreased | |||
| Nov 24, 2024 | Price Increased |
$565,000
↑ $20K
(3.7%) | |
| Price Increased | |||
| Nov 8, 2024 | Listed by Savvy Way Realty | $545,000 | |
| Listed by Savvy Way Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017