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1 Park Lane
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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 |
|---|---|---|---|
| Oct 9, 2026 | Sold | ||
| Sold | |||
| Sep 13, 2026 | In contract | - | |
| In contract | |||
| Aug 31, 2026 | Listed by Compass | $1,669,000 | |
| Listed by Compass | |||
| Mar 7, 2025 | Listed | $2,150,000 | |
| Listed | |||
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This stunning remodeled, freestanding Morningside home is the one you've been waiting for. The WOW factor will be evident from the moment you walk through the dramatic double doors, to the spectacular living room with white-washed high vaulted ceilings, fireplace and views of the new pool/spa and dramatic mountains. This home has been thoroughly remodeled and showcases the latest of today's designer materials. Multiple sets of sliding glass doors make for the perfect indoor/outdoor living synonymous with the desert. Special elements include three spacious bedrooms, 3 baths, cozy den, gorgeous chef's kitchen with waterfall island, breakfast area, and dining room. Outdoors you'll enjoy the extra large PRIVATE lot with new pool/spa, multiple sitting areas, outdoor shower and your own "dog park" or play area, all with stunning views. The solar panel system will aid greatly with the utility bills on this 3,500+ sq. ft. home.
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| Jun 2, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017