1 Howe 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 |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Aug 15, 2018 | Sold | ||
| Sold | |||
| Jun 8, 2018 | Listed | $469,000 | |
| Listed | |||
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WATERFRONT - Rare opportunity to own waterfront with in-law potential and rental income from 2nd stand-alone cottage. Could also be used as a Waterfront Family Compound. The main house has fabulous views of Solomon Pond from eat-in kitchen with open plan to living room, gleaming hardwoods, vaulted ceiling and stone fireplace. Living room has two sliders to wrap-around deck. There are two bedrooms and a third room used for sleeping or as a den/office. Lower level has additional bedroom and full bath, with large living room and sliders to yard. Ideal for Airbnb or in-laws. Separate cottage has its own small kitchen, living room, bedroom and full bath. Cottage is rented and shown by appointment only on a 2nd visit. Priced to sell based on main house only is like getting the cottage for free. Buyer's agent to verify all information. The manager has listed the unit size as 2288 square feet.
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| May 18, 2018 | Listed by Non Member Office | $469,000 | |
| Listed by Non Member Office | |||
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WATERFRONT - Rare opportunity to own waterfront with in-law potential and rental income from 2nd stand-alone cottage. Could also be used as a Waterfront Family Compound. The main house has fabulous views of Solomon Pond from eat-in kitchen with open plan to living room, gleaming hardwoods, vaulted ceiling and stone fireplace. Living room has two sliders to wrap-around deck. There are two bedrooms and a third room used for sleeping or as a den/office. Lower level has additional bedroom and full bath, with large living room and sliders to yard. Ideal for Airbnb or in-laws. Separate cottage has its own small kitchen, living room, bedroom and full bath. Cottage is rented and shown by appointment only on a 2nd visit. Priced to sell based on main house only is like getting the cottage for free. Buyer's agent to verify all information.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017