160 Richard 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 |
|---|---|---|---|
| Jun 5, 2023 | Sold | ||
| Sold | |||
| Feb 2, 2023 | Listed by eXp Realty LLC | $235,000 | |
| Listed by eXp Realty LLC | |||
| Sep 23, 2022 | No longer available | - | |
| No longer available | |||
| Mar 25, 2022 | Listed by eXp Realty LLC | $250,000 | |
| Listed by eXp Realty LLC | |||
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Minutes from Eagle Mountain Lake, this charming cottage is a great starter home or investment property. Located in an established neighborhood with mature trees. Great Schools are nearby. Kitchen is open to family room and has counter height breakfast bar. Covered patio looks out to over one-quarter acre lot with some trees and has plenty of room for kids toys and is great for entertaining. Fire pit and horseshoe stakes ready for your guests. Metal Roof and Metal Fence are approximately one year old. HVAC new 2021. Garage door new 2021. Water heater new 2021.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017