161 Purcell 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 |
|---|---|---|---|
| May 15, 2026 | Sold | ||
| Sold | |||
| Mar 23, 2026 | In contract | - | |
| In contract | |||
| Feb 25, 2026 | Listed by Real Broker, LLC. | $649,000 | |
| Listed by Real Broker, LLC. | |||
| Feb 27, 2024 | Sold | ||
| Sold | |||
| Sep 14, 2023 | Listed by KW SYNERGY* | $458,000 | |
| Listed by KW SYNERGY* | |||
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New construction home crafted by MeLa Development. Situated on a generous 4.051-acre lot in Lemon Gap Estates, this property offers an exquisite blend of modern design and natural beauty.This spacious home spans 2,238 square feet, providing ample room for comfortable living, entertaining, and growing families.The natural beauty surrounding the property enhances the overall experience, creating a peaceful retreat.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017