15650 Michael 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 |
|---|---|---|---|
| Mar 28, 2025 | Sold | ||
| Sold | |||
| Mar 8, 2025 | Listed by Compass | $3,998,000 | |
| Listed by Compass | |||
| Jun 10, 2020 | No longer available | - | |
| No longer available | |||
| Jun 5, 2020 | Listed | $3,095,000 | |
| Listed | |||
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EXTREMELY WELL MAINTAINED 4 BEDROOM 3.5 BATH ,QUALITY CUSTOM HOME IN PRIME MONTE SERENO LOCATION . MINUTES TO DAVES ELEMENTARY MASTER SUITE AND AN ADDITIONAL BEDROOM OR OFFICE WITH FULL BATH LOCATED ON THE MAIN FLOOR. HIGH QUALITY KITCHEN REMODEL WITH EXCEPTIONAL CABINETRY , HIGH END SS APPLIANCES WOLFE/ THERMADOR, SUB ZERO. BEAUTIFUL GRANITE COUNTERTOPS. IN ADDITION, REMODELED DINING, LAUNDRY AND OFFICE . HIGH CEILINGS, SKYLIGHTS AND SOLAR . PROFESSIONALLY LANDSCAPED FRONT AND REAR WITH 10 FRUIT TREES, 2 FOUNTAINS AND SPA WITH DECKING. UPSTAIRS LOFT PERFECT FOR GYM OR CRAFTS ROOM . VERY PRIVATE YARD . A MUST SEE ! NOT ONE TO MISS . LG SCHOOLS. The manager has listed the unit size as 2924 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017