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11806 Piney Way 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 |
|---|---|---|---|
| Aug 28, 2026 | In contract | - | |
| In contract | |||
| Aug 11, 2026 | Price Decreased |
$285,000
↓ $10K
(3.4%) | |
| Price Decreased | |||
| Jul 7, 2026 | Listed by Walzel Properties - Corporate Office | $295,000 | |
| Listed by Walzel Properties - Corporate Office | |||
| Jan 18, 2023 | Sold | ||
| Sold | |||
| Sep 1, 2022 | Listed by Opendoor Brokerage, LLC | $291,000 | |
| Listed by Opendoor Brokerage, LLC | |||
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Welcome to this gorgeous neighborhood! You don’t want to miss this home. The kitchen boasts generous counter space, tile backsplash, and some included appliances, making cooking and entertaining a delight. Flow into the main living area, featuring a ceiling fan and well placed windows for natural lighting. The main bedroom and bathroom give you the perfect space for everyday living. Other bedrooms provide additional flexible living space. Relax with your favorite drink in the fenced in backyard with a patio and lush grass. Don't miss this incredible opportunity.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017