12 READ 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%.
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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 |
|---|---|---|---|
| Jul 18, 2023 | Sold | ||
| Sold | |||
| Aug 12, 2022 | Listed by Four Seasons Sotheby's Int'l Realty | $2,340,000 | |
| Listed by Four Seasons Sotheby's Int'l Realty | |||
| Nov 20, 2020 | No longer available | - | |
| No longer available | |||
| Sep 20, 2020 | Listed | $1,795,000 | |
| Listed | |||
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Welcome to this stunning 4 year young colonial located on a pastoral 5.97 acres in desirable Hollis. Attention to detail from the imported tigerwood flooring, handmilled molding, doors & cabinetry to the stunning foyer. Enjoy entertaining in this dramatic chef's kitchen with commercial grade Subzero & Wolf appliances. As you make your way upstairs you will fall in love with the exceptional master suite boasting his & her closets, a slipper soaking tub and exquisite shower all done in carrera marble. The children's bedrooms share a generous jack & jill bath, while the guest bedroom has a private en suite. The third floor is finished as fabulous playroom, home office or nanny quarters. This home is a commuters dream, close to Boston Logan & Manchester/Boston Regional airports. The manager has listed the unit size as 5919 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017