116 Darrow Lane
About This Property
Inside, you'll find a clean, well-maintained home with some updates throughout, though it presents an exciting opportunity for a new owner to renovate and put their personal touch on the space. The home features a thoughtful layout with ample natural light, creating a warm and inviting atmosphere.
The expansive lot offers plenty of outdoor space for relaxation, gardening, or entertaining. With the right vision, this property can be transformed into your dream home. Located in a peaceful neighborhood, this home is just minutes away from local amenities, schools, and parks, offering both convenience and privacy.
Don't miss the chance to make this large home 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 |
|---|---|---|---|
| Apr 25, 2025 | Sold | ||
| Sold | |||
| Mar 21, 2025 | In contract | - | |
| In contract | |||
| Mar 7, 2025 | Listed by Coldwell Banker American Homes | $899,000 | |
| Listed by Coldwell Banker American Homes | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017