1085 Casteel Lane
About This Property
The property includes an attached three-car garage, which is conveniently connected by a breezeway. One of the garage bays has been thoughtfully converted into an enclosed room with its own toilet, providing versatility for various needs-whether it's a hobby space, office, or guest area.
Step outside to discover your private oasis-the inground pool and patio area invites relaxation and entertaining. The backyard offers a serene escape, with plenty of space for sunbathing, pool parties, or evening gatherings under the stars.
The improvements on the lot are strategically placed to maximize functionality. You'll appreciate the ease of driving around the property and accessing the impressive metal workshop, which measures approximately 60 x 40 feet. It features a convenient roll-up door and an open equipment bay, making it ideal for storing tools, equipment, or pursuing projects.
Additionally, this property includes covered RV parking located near the garage, ensuring your recreational vehicle is protected while conveniently accessible. With plenty of room left over for extra parking, gardens, or your creative ideas, this charming home truly offers a perfect blend of comfort and functionality in a peaceful setting. Don't miss your chance to make this dreamy property your own!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 11, 2025 | Sold | ||
| Sold | |||
| Jul 4, 2025 | In contract | - | |
| In contract | |||
| Jun 2, 2025 | Listed by RE/MAX Parkside Real Estate | $1,150,000 | |
| Listed by RE/MAX Parkside Real Estate | |||
| Aug 16, 2023 | No longer available | - | |
| No longer available | |||
| Jun 12, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017