18 West 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 |
|---|---|---|---|
| Jul 17, 2024 | Sold | ||
| Sold | |||
| Jun 10, 2024 | Listed by Fitzgerald Real Estate | $150,000 | |
| Listed by Fitzgerald Real Estate | |||
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Lovingly maintained seasonal cottage on the 'Rustic Ridge' ready to enjoy this season. Cozy and comfortable floorplan with an open living room to the dining room and access to the screened-in sleeping porch and two of the three-bedroom access to the second-floor sleeping porch, both with a peaceful wooded view. Recent updates include replacing windows and screens to enjoy the cool breezes, new 200 amp electric service and updated wiring, a hot water heater, and a 2000-gallon tight tank septic perfect for seasonal use. If you're looking for a getaway, you will want to check this one out!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017