12 Geraldine Lane
About This Property
Two large living areas. Updated Kitchen. Master bedroom has half bath. Full bath in hallway is handicap accessible with wide door and walk in shower. Handicap ramp to enter front door. Huge covered front patio. Fenced backyard adjoining greenbelt. Two car attached front carport plus workshop area that could be additional covered parking. Seller does not have a survey, buyer to purchase.
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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 |
|---|---|---|---|
| Mar 28, 2022 | Sold | ||
| Sold | |||
| Feb 1, 2022 | Listed by TANGLEWOOD REAL ESTATE COMPANY | $165,000 | |
| Listed by TANGLEWOOD REAL ESTATE COMPANY | |||
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About Denison
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14751412
Details provided by NTREIS and may not match the public record
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Address: 335 Madison Avenue, New York, NY 10017