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1234 Nautical Lane
About This Property
With its generous size, this lot stands out from the surrounding properties, offering added privacy, enhanced curb appeal, and endless possibilities for development. The expansive dimensions provide ample room for family activities, recreational amenities, and landscaping features that smaller lots simply cannot accommodate.
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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 |
|---|---|---|---|
| Jul 26, 2026 | Price Decreased |
$804,000
↓ $636K
(44.2%) | |
| Price Decreased | |||
| Jun 28, 2026 | Listed by ABL Real Estate Services | $1,440,000 | |
| Listed by ABL Real Estate Services | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017