16 Lane Drive
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 8, 2023 | Sold | ||
| Sold | |||
| Apr 24, 2023 | Listed by Berkley & Veller Greenwood Country | $369,000 | |
| Listed by Berkley & Veller Greenwood Country | |||
| Oct 18, 2013 | Sold | ||
| Sold | |||
| Jun 15, 2013 | Listed by BHG Masiello Brattleboro | $299,000 | |
| Listed by BHG Masiello Brattleboro | |||
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This sunny Post and Beam home is privately sited on 10.7 acres of open and wooded land. Selective cutting will recapture the views of Newfane Village and the West River Valley. Spacious rooms and high ceilings contribute to the open concept that flows onto a 28' deck, or choose the shade of the covered farmer's porch, which makes this house perfect for relaxing or entertaining. The kitchen offers plenty of cabinets and a large, walk-in pantry for extra storage. First-floor bedroom, full bath, laundry and den, with two bedrooms and full bath on second floor. Wood floors throughout the house, two-car garage under and a garden shed complete this package. This quality-built, lovingly maintained home is freshly painted inside and out and is in "move in" condition. The clean, dry basement is ready to be finished for additional living space. Conveniently located just five minutes from historic Newfane Village and 10 miles from Brattleboro. Home Warranty Included.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017