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18 Argo Lane
About This Property
Additionally, the area is experiencing significant growth and development, with numerous ongoing and upcoming projects that promise to enhance its appeal even further. This creates a fertile ground for investment, ensuring excellent returns and long-term value appreciation. Imagine designing and building your dream home in a neighborhood where custom homes are the standard, allowing you to craft a living space that perfectly suits your lifestyle and preferences.
Don't miss out on this rare chance to secure a prime property in a thriving new development. This is an opportunity you won't want to miss!
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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 |
|---|---|---|---|
| Sep 2, 2026 | Sold | ||
| Sold | |||
| Aug 22, 2026 | In contract | - | |
| In contract | |||
| Aug 17, 2026 | Listed by Keller Williams Hudson Valley | $950,000 | |
| Listed by Keller Williams Hudson Valley | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017