1626 Covey 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 |
|---|---|---|---|
| Feb 19, 2025 | Sold | ||
| Sold | |||
| Jan 20, 2025 | In contract | - | |
| In contract | |||
| Nov 19, 2024 | Listed by Sendero Properties, LLC | $209,000 | |
| Listed by Sendero Properties, LLC | |||
| Jun 6, 2022 | Sold | ||
| Sold | |||
| May 19, 2022 | Listed by KW SYNERGY | $167,500 | |
| Listed by KW SYNERGY | |||
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Cutie on Covey! 3 bedroom, 2 bathroom home. Semi-Open layout features new vinyl plank flooring through out living areas. Beautiful natural lighting with a wood burning brick fireplace in the living room. Galley kitchen, laundry room with storage, plenty of counter space and matching appliances. Large rooms with walk in closets! A huge backyard and patio area with a privacy fence and a two car garage in the back! Buyers don’t miss this!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017