15139 Mcrae Lake
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 |
|---|---|---|---|
| Aug 12, 2022 | Sold | ||
| Sold | |||
| Jul 6, 2022 | Listed by Keller Williams Advtge Realty | $480,500 | |
| Listed by Keller Williams Advtge Realty | |||
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This spacious home sits on three private, fully fenced acres! It has a long driveway and an electric gated entrance. There is a large approximately 30X40 workshop with a 10 foot roll up door, half bath with a sink and toilet, and a 3 bay carport. There is also an additional storage building with electricity. The back yard has an inground pool that can be seen through the wall of windows from the large sunroom located in the back of the home. There are four spacious bedrooms, including two primary en suites. All carpet has been replaced with vinyl plank flooring within the last 2 years. Additional flooring is tile. HVAC was replaced in 2014. There is a small fenced dog run off just off the laundry room. This property is perfect for someone looking for lots of space inside and out!
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Property Highlights
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About McRae Lake
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017