14 Musterfield 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 |
|---|---|---|---|
| Jun 20, 2024 | Sold | ||
| Sold | |||
| May 16, 2024 | Listed by Engel & Volkers, South Shore | $399,000 | |
| Listed by Engel & Volkers, South Shore | |||
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A Diamond in the rough! This home has been in the same family for years and will be a wonderful investment for a contractor, a fixer upper or anyone willing to improve this home and bring it up to date. Think condo alternative in this single level ranch with a 3 year old roof, 3 year old septic, and town water. Down a quiet lane amongst bigger houses = equity potential. Hardwood floors, open floor plan, wood burning fireplace and a screen porch. 2 car detached garage (workshop for the hobbyist?) with full walk up storage, barn out back. Back yard is private. Property is being sold "as is, where is." Please do not walk on the property without an appointment. Offer due date and instructions are attached.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017