14 Choate 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 |
|---|---|---|---|
| Sep 5, 2024 | Sold | ||
| Sold | |||
| Jun 5, 2024 | Listed by J. Barrett & Company | $1,275,000 | |
| Listed by J. Barrett & Company | |||
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Custom Pinehurst home overlooking the beautiful 10th Fairway. The owners custom built this home in 1994 and have maintained and updated their home over the years. Private lower level guest bedroom. wet bar in family room for morning coffee, great for guests. Large family room with fireplace opens to brick patio. Wine cellar, sauna and laundry room and more on this level. Upper level has 3 bedrooms and full bath with relaxing loft area. Main living area has the master suite with two walk in closets, large master bath with need of upgrade. bedroom opens to main level deck. Eat in custom updated kitchen with stainless appliances and cherry cabinets in dining area. Cathedral living room with fireplace opens to dining area. Living room opens to deck. Dining room opens to 3 season room with parquet floor and ceiling fan. comfortable living awaiting you....
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| Oct 24, 1994 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017