122 Platt Lane
About This Property
The inviting living room flows into a well-equipped kitchen, featuring a refrigerator, dishwasher, microwave, and disposal-making meal prep a breeze. Just beyond, the dining area provides the perfect space for gatherings. A washer and dryer are also included for added convenience.
On the main level, a spacious bedroom and full bath offer flexibility for guests or a private retreat. Upstairs, two additional bedrooms share another full bath, ensuring privacy and functionality.
Outside, the backyard includes a well-maintained storage shed for extra organization. A two-car garage and an additional two-space carport provide ample parking. For added peace of mind, an underground storm shelter and a GENERAC whole-home backup generator enhance safety and reliability.
Additionally, this property has never been flooded, offering peace of mind for prospective buyers. Located on a quiet street with easy access to I-35, this home offers both tranquility and convenience. A home warranty is also included for extra assurance.
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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 |
|---|---|---|---|
| Sep 4, 2025 | Sold | ||
| Sold | |||
| Aug 25, 2025 | In contract | - | |
| In contract | |||
| Aug 17, 2025 | Relisted | $204,400 | |
| Relisted | |||
| Jul 24, 2025 | In contract | - | |
| In contract | |||
| Jul 21, 2025 | Price Decreased |
$204,400
↓ $500
(0.2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017