1740 Race 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 |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Feb 14, 2024 | In contract | - | |
| In contract | |||
| Feb 7, 2024 | Listed by Kinlin Grover Compass | $765,000 | |
| Listed by Kinlin Grover Compass | |||
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This stunning contemporary ranch truly stands out! As you step inside, you'll be greeted by a bright and beautiful living room featuring a gas fireplace and soaring ceilings. The upscale kitchen seamlessly opens up to the dining area and onto the deck, creating a perfect flow for everyday meals and entertaining. This home offers a fabulous and versatile floor plan with a primary bedroom suite on one end of the house and two additional bedrooms on the other side, along with convenient laundry facilities. The tastefully finished lower level provides ample space and a full bath, perfect for relaxation, work, or guests. Outside, the large level yard is complete with irrigation, an outdoor shower, and room for gardening or adding a pool. The location of this home is unbeatable, with nearby access to conservation trails, ponds, beaches, and golf. Dining and shopping options are just a stone's throw away, and easy access to the highway ensures convenience for commuters.
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| Jun 19, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017