106 Tranquil Lane
About This Property
Discover comfort and durability in this charming 3-bedroom, 2-bath brick home featuring a low-maintenance metal roof-ideal as a primary residence or STR (short-term rental) investment. Located in the highly sought-after Hochatown area, this property offers the perfect blend of everyday living and income-producing potential.
Inside, you'll find a functional layout with spacious living areas, a welcoming kitchen, and comfortable bedrooms designed for relaxation. The brick exterior provides timeless appeal and lasting quality, while the metal roof adds efficiency and peace of mind.
Enjoy being just minutes from all that Hochatown has to offer, including dining, entertainment, and outdoor adventure near Broken Bow Lake and Beavers Bend State Park. Whether you're looking for a full-time home, weekend escape, or STR-ready investment, this property checks all the boxes.
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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 |
|---|---|---|---|
| Sep 10, 2026 | Price Decreased |
$299,900
↓ $15K
(4.8%) | |
| Price Decreased | |||
| Aug 4, 2026 | Price Decreased |
$314,900
↓ $20K
(6%) | |
| Price Decreased | |||
| Jul 2, 2026 | Price Decreased |
$334,900
↓ $20K
(5.6%) | |
| Price Decreased | |||
| May 28, 2026 | Price Decreased |
$354,900
↓ $20K
(5.3%) | |
| Price Decreased | |||
| Apr 21, 2026 | Price Decreased |
$374,900
↓ $15K
(3.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017