107 Lance Lane
About This Property
The service wing of the home includes a dedicated utility room equipped with washer/dryer connections, a sink, and overhead cabinetry. This area provides convenient access to a half-bath and the 2-car garage, which includes an integrated private workroom.
The oversized primary suite offers an ensuite bathroom featuring a double-sink vanity with extensive storage and a walk-in closet with a built-in chest. Two additional bedrooms provide ample space.
Exterior features include a covered patio overlooking a privacy-fenced backyard. The property backs up to a drainage easement, providing a natural buffer with no immediate rear neighbors. The home is situated near local neighborhood infrastructure and green space.
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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 2, 2026 | Sold | ||
| Sold | |||
| Jun 6, 2026 | In contract | - | |
| In contract | |||
| Apr 14, 2026 | Listed by Coldwell Banker D'Ann Harper | $364,900 | |
| Listed by Coldwell Banker D'Ann Harper | |||
| Sep 27, 2023 | No longer available | - | |
| No longer available | |||
| Aug 9, 2023 | Listed by RE/MAX Land & Homes | $335,000 | |
| Listed by RE/MAX Land & Homes | |||
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Located on a quiet tree-lined street, this 3 bedroom 2.5 bath 2 car garage brick home is looking for a new owner. The current owner is moving from the area and is leaving the family's good vibes behind. As you open the front door you walk into a living-dining room combination. Envision your prized collectibles and books displayed on the built-in shelving on each side of the gas fireplace. Be prepared to warm your heart and enjoy the cozy comfort of a fire on cold nights. There is a half bath between the kitchen and the utility room with washer-dryer connections, a sink and cabinets overhead. You access the garage with a its' own workroom from the utility-half bath area
If you've always wanted a large main bedroom retreat this oversized room would be perfect. Take a few easy steps for access to the adjacent roomy bathroom, featuring a great closet with a built-in chest for additional storage. The double-sink vanity has multiple drawers and a spacious countertop for your personal lotions and potions.
Weather permitting take advantage of the covered patio overlooking the privacy fenced backyard. There may even be room to add a pool or spa for more entertaining. There isn't a backyard neighbor but a large drainage ditch that seperates Lance Lane from the street behind you. A short distance around the corner from Lance Lane onto Kelly Drive you can feed the turtles from the bridge that crosses the drainage ditch. Parents and kids alike enjoy feeding, watching and counting the turtles as they compete for food.
There is an additional half bath off the utility room with a sink, cabinets, and easy access to the garage with a workroom.
Come see this home with good bones and a wealth of opportunities to personalize and make it your own. The manager has listed the unit size as 2181 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017