1351 Rector Lane
About This Property
As you drive up the paved driveway, you'll be greeted by a charming home with many features including custom porch, an open floor plan, vaulted ceilings, and a spacious family room that seamlessly blends indoor and outdoor living. This property comes with all the comforts you could ask for, including an attached garage and shop, wood stove, ceiling fans, custom tile throughout, and a large master bedroom with a soaking tub. Step outside to a large, covered porch and gazebo areas, perfect for relaxing or entertaining. Enjoy lush grass, mature trees, and shrubs creating a serene and picturesque setting. The fenced and cross-fenced, nice usable land features animal shelters and storage sheds.
Don't miss out on this turnkey country living opportunity - make this inviting retreat your new home and start enjoying the best of both worlds - peaceful country living and easy access to all the amenities and attractions nearby.
Please do not enter the property without an appointment and a real estate agent.
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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 |
|---|---|---|---|
| Dec 4, 2024 | Sold | ||
| Sold | |||
| Oct 29, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Relisted | $337,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017