115 CLAY Lane
About This Property
Discover this beautifully remodeled 2-bedroom home, perfectly situated off the beaten path. This charming house features:
Metal Roof: Durable and low maintenance.
Updated HVAC System: ensuring year round comfort.
Fresh Flooring and Paint: A modern touch
throughout.
Renovated Kitchen and Bathrooms: stylish and functional.
Ultimate Privacy: Nestled off a dirt road with no neighbors in sight and no restrictive rules.
Experience tranquility and seclusion in your new home!
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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 |
|---|---|---|---|
| Dec 24, 2024 | Sold | ||
| Sold | |||
| Nov 9, 2024 | In contract | - | |
| In contract | |||
| Oct 28, 2024 | Price Decreased |
$121,300
↓ $100
(0.1%) | |
| Price Decreased | |||
| Oct 19, 2024 | Price Decreased |
$121,400
↓ $500
(0.4%) | |
| Price Decreased | |||
| Sep 24, 2024 | Price Increased |
$121,900
↑ $6K
(5.2%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017