1 Michaels Lane
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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%.
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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 20, 2025 | Sold | ||
| Sold | |||
| Jan 24, 2025 | In contract | - | |
| In contract | |||
| Jan 6, 2025 | Listed by Compass Greater NY LLC | $1,995,000 | |
| Listed by Compass Greater NY LLC | |||
| | |||
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Move right in and enjoy North Shore living in an idyllic setting. This classic, renovated 5 bedroom Colonial offers more than 3200 square feet of comfortable living space and a floor plan that makes entertaining, working from home and gathering by the fire, a pleasure. The first floor features a sunny, spacious living room, family room, modern eat-in kitchen and adjoining laundry nook, formal dining room with built-in storage, powder room and a spacious office or extended family suite with separate entrance and adjacent 2 car garage. On the second floor you will enjoy a primary suite with walk-in closet and new bathroom, a spacious, renovated hall bathroom and 3 additional bedrooms. There is a large unfinished basement, affording you the option of creating more space for recreation or storage. Outside, you will enjoy a private rear property, ideal for summer entertaining with room for a pool. North Shore SD.
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| Jan 23, 2024 | Sold | ||
| Sold | |||
| Dec 13, 2023 | Sold | ||
| Sold | |||
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About Old Brookville
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$8,000 /mo
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- 2 Baths
- 2,525 ft²
$4,150 /mo
- 1 Bed
- 1 Bath
- 826 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017