116 Nicole Lane
About This Property
The main level features a large great room with a cozy stone fireplace, tile flooring in wet areas, and a bright bay window overlooking the backyard. The open kitchen layout includes an abundance of cabinet space, generous countertops, a dishwasher, and electric smoothtop stove perfect for everyday cooking and family gatherings.
The primary suite is located downstairs and offers a massive walk-in closet and an oversized bath with a double vanity, separate water closet, and an oversized bath with a double vanity, separate water closet, and ample storage. Two additional bedrooms and a full bathroom are also located on the main floor, while the second level offers two more bedrooms and a third full bath perfect for guests, office space, or extended family.
Step outside to your private backyard retreat, complete with a heated pool ready to be brought back to full glory with a little TLC. The oversized 2-car garage and level lot add practicality to this charming home.
While some cosmetic updates may be desired, the bones and layout of this home offer tremendous potential for personalization and long-term value.
Don't miss your chance to own this Crestview gem schedule your showing today!
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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 5, 2025 | Sold | ||
| Sold | |||
| Nov 7, 2025 | In contract | - | |
| In contract | |||
| Oct 9, 2025 | Price Decreased |
$242,500
↓ $13K
(4.9%) | |
| Price Decreased | |||
| Sep 6, 2025 | Price Decreased |
$255,000
↓ $10K
(3.8%) | |
| Price Decreased | |||
| Jul 30, 2025 | Price Decreased |
$265,000
↓ $24K
(8.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017