1501 Pheasant 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 |
|---|---|---|---|
| Nov 20, 2017 | Sold | ||
| Sold | |||
| Jul 19, 2017 | Listed by Boston Connect Real Estate | $249,900 | |
| Listed by Boston Connect Real Estate | |||
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Well cared for one level ranch style home in the active adult community of Oak Point. This Princeton Elite model with two car attached garage has an open floor plan with a lot to offer. Well maintained hardwood floors throughout the living room and dining room. Lots of natural light in the eat in kitchen. This home has three bedrooms and two full baths. One bedroom currently being used as a home office. Many home improvements include new roof,new furnace,new hot water tank and new A/C unit. Enjoy evening sunsets on the back patio from this ideally located corner lot. Oak Point offers exciting events and activities for an active lifestyle. Enjoy all the amenities which include three swimming pools, tennis courts, fitness center and much more.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017