115 Heritage Lane
About This Property
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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 |
|---|---|---|---|
| Jan 15, 2025 | Sold | ||
| Sold | |||
| Aug 23, 2024 | Listed by Mountain Home Realty | $350,000 | |
| Listed by Mountain Home Realty | |||
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Take a look at this 4-bedroom cabin with a bonus room in New Center, set on 1.33 acres! This property has incredible potential and represents an ideal opportunity for savvy investors. Whether you're looking for a primary residence or an investment property for short-term or long-term rental, this home could be the perfect fit. The owner's father lovingly built this home from the ground up in 1983, crafting everything from the kitchen cabinets and bathroom vanities to the built-in shelves, staircase, and more. There is plenty of space in this home, with features such as a 26' ceiling in the living room, a cedar closet, 2 bedrooms with sliding glass doors leading to a deck, a spiral staircase, 2 enclosed sunrooms, beautiful wood doors, and much more! Additionally, there's an extra-large shed with electricity.
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| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| May 30, 2018 | Listed | $295,000 | |
| Listed | |||
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This home sits on 1.33 acres of beautiful property in a very peaceful neighborhood. The home has a lot to offer with its 4 Bedrooms, 3 Baths, 1 Bonus room, Huge living room with cathedral ceilings & wood beams, partial finished basement that can easily converted into Mother-In-Law quarters, work shop that is currently used as a paint booth, roof is 2 years old, A/C unit new & comes with warranty that will convey to buyer, water heater new, well on property but was unhooked, home was connected to city water. The home has so much to offer. The manager has listed the unit size as 2808 square feet.
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| Jan 5, 2018 | Listed by Your Home Sold Guaranteed Realty | $295,000 | |
| Listed by Your Home Sold Guaranteed Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017