15 Tern 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 |
|---|---|---|---|
| Jun 4, 2023 | No longer available | - | |
| No longer available | |||
| Jun 1, 2023 | Sold | ||
| Sold | |||
| Apr 19, 2023 | In contract | - | |
| In contract | |||
| Mar 21, 2023 | Listed by REMAX Coastal Properties | $750,000 | |
| Listed by REMAX Coastal Properties | |||
| | |||
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This 3 bedroom ranch home is your next vacation, retirement or rental home - perfect one-floor living. We have a very well maintained home with a larger living room, with a wood burning fireplace, entry-way with a half-bath and laundry area, 3 good-sized bedrooms, mini-split AC, large rear deck, outdoor shower,full basement, oil heat, and a larger 1 car garage. This home sits on 0.72 level treed acres, and is just a short ways to the bike path.
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| Mar 2, 2023 | Listed by REMAX Coastal Properties | $750,000 | |
| Listed by REMAX Coastal Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017