175 Old Lane Road
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 4, 2025 | Sold | ||
| Sold | |||
| May 13, 2025 | In contract | - | |
| In contract | |||
| May 3, 2025 | Listed by Coldwell Banker Realty | $600,000 | |
| Listed by Coldwell Banker Realty | |||
| Jun 13, 2023 | Sold | ||
| Sold | |||
| May 4, 2023 | Listed by Pearce Real Estate | $480,000 | |
| Listed by Pearce Real Estate | |||
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Stunning property located on Hamden/Cheshire line; custom contemporary offers unique living on 2.65 acres. Drive up the shared drive that leads to a circular driveway & bluestone patio creating a warm and inviting entry. Enter the living room and be greeted by soaring cathedral ceilings, a wall of windows that floods the space with natural light & provides stunning views of the surrounding wooded area. Beautiful stone fireplace draws they eye up to the ceiling, creating a dramatic focal point. Adjacent to the living room is a lovely dining area w built-in glass front cabinets. The updated kitchen includes a center island, loads of cabinets, additional counters that can serve as coffee or wine bar. A sun-filled eating area offers storage & views of the wooded lot. The kitchen opens to a cozy family room w stone floor & sliders leading to the large deck overlooking the yard, perfect for relaxing / entertaining. The primary bedroom is located on the first floor & features a large walk-in closet and access to the updated full bath w large shower. There is a second bedroom & laundry room on this level. The third bedroom is located on the upper level and overlooks the living room. The upper level also features a full bath. The lower level includes a large family room w walk-out, a bedroom and full bath, as well as a kitchenette with refrig & cooktop. Oversided detatched 2+ car garage. FINAL & BEST OFFERS due by Thursday, May 18th at 6:00 PM.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017