1222 Tallow Park 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 23, 2025 | Sold | ||
| Sold | |||
| Jun 30, 2025 | In contract | - | |
| In contract | |||
| Jun 12, 2025 | Price Decreased |
$540,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Jun 3, 2025 | Price Decreased |
$550,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Apr 25, 2025 | Listed by CB&A, Realtors | $555,000 | |
| Listed by CB&A, Realtors | |||
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This beautifully upgraded home with controlled access features 3 bedrooms + office or media room that could be a optional 4th bedroom, 3 full baths, and a 3-car tandem garage. Open-concept living with high ceilings, wood-beamed ceiling in the living room, gas fireplace, and sliding doors to the backyard. Gourmet kitchen includes Silestone counters, gas cooktop, double oven, stainless appliances, large walk-in pantry, and ample counter and cabinet space. Spacious primary suite offers a spa-like bath with dual vanities, soaking tub, glass shower with bench, and a walk-in closet. Two secondary bedrooms, each with its own full bath, are located on the opposite side of the home for added privacy. Additional features include a dedicated office, media room, and an oversized mud/laundry room. Covered patio overlooks fully fenced yard with mature trees. Conveniently located with easy access to shopping, dining, parks, and schools.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017