47
Map
12908 South 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%.
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 3, 2026 | Sold | ||
| Sold | |||
| May 27, 2026 | In contract | - | |
| In contract | |||
| Apr 16, 2026 | Listed by BHHS PERRIE MUNDY REALTY GROUP | $1,295,000 | |
| Listed by BHHS PERRIE MUNDY REALTY GROUP | |||
| Aug 13, 2020 | Sold | ||
| Sold | |||
| Apr 22, 2020 | Listed by HomeSmart | $794,900 | |
| Listed by HomeSmart | |||
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Welcome to Redlands Hills a coveted area to call home! This custom built home, graced with tons of character: from solid oak cabinetry to 2x6 framing, 14 foot vaulted ceilings, dual master suites, tile roof and an extended 3 car garage with storage cabinets to name a few. The house has 4 bedrooms, 2 are master suites, and 3 full bathroom. The first master ensuite has a see through fire place to enjoy while reading a book in the bay window area or soaking in the tub. It also has access to the pool area. The master bathroom is additionally equipped with a stand alone shower, enclosed toilet room and large walk-in closet. The central AC system has dual units and forced air for heating; there are also 2 water heater units to ensure sufficient flow for the large home. The parcel is on approximately an acre of land in the equestrian zoned area! Enjoy the leisure warm months in your pool, which is heated giving you the option to enjoy it year around if you so choose. If you need parking for your toys, boat or RV there is ample space in the 3 car garage and/or the expansive U-driveway. Space here is not an issue. Put your touches on this home and make it yours!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017