1022 Pearl Lane
About This Property
Step inside to discover a warm and inviting layout designed for comfortable living. Natural light fills the interior, creating an open and airy feel throughout the main living spaces. The home features well-proportioned rooms, ideal for both everyday life and entertaining guests. The kitchen serves as the heart of the home, offering ample cabinet space and functionality for cooking and gathering. Bedrooms provide a cozy escape with plenty of room to unwind, while additional spaces can easily adapt to a home office, hobby room, or guest accommodations. Outside, the property offers a spacious yard with endless potential-perfect for outdoor entertaining, gardening, or simply enjoying the peaceful surroundings.
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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 |
|---|---|---|---|
| Jul 8, 2026 | Price Decreased |
$439,000
↓ $10K
(2.2%) | |
| Price Decreased | |||
| Jun 23, 2026 | Price Decreased |
$449,000
↓ $10K
(2.2%) | |
| Price Decreased | |||
| May 13, 2026 | Relisted | $459,000 | |
| Relisted | |||
| Apr 28, 2026 | Listed by Omega Management Group, LLC | $499,000 | |
| Listed by Omega Management Group, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017