1355 Race Ln
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 |
|---|---|---|---|
| Sep 20, 2016 | Sold | ||
| Sold | |||
| Dec 18, 2014 | Sold | ||
| Sold | |||
| Oct 31, 2014 | Listed by Kinlin Grover Compass | $240,000 | |
| Listed by Kinlin Grover Compass | |||
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Private sanctuary. Nestled behind a wall of green your retreat awaits. Sitting on over an acre of land yet with easy access to all amenities the Cape affords you can choose to shop, go to the beach or just relax and tend your garden. This charming home is ready for your updates. This spacious 2 bedroom home has a lovely fireplace in the living room for warm gatherings with friends and family. Set on a wooded lot the home has large rooms with many windows that provide abundant light and nice views of the naturalized yard. As an added benefit, the property is fitted with a 3 bedroom septic should you choose to take advantage of the flexible floor plan during renovations.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017