1902 Edward Lane
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 29, 2024 | Sold | ||
| Sold | |||
| May 3, 2024 | In contract | - | |
| In contract | |||
| Apr 15, 2024 | Listed by Long Term Realty Corp | $779,000 | |
| Listed by Long Term Realty Corp | |||
| | |||
|
Welcome home to this large 4br, 2.5bth, open and airy concept four level split home situated mid-block in desirable South Merrick. Featuring extra wide entry foyer with soaring ceilings, huge living room with vaulted ceilings, first fl half bath, first floor guest bedroom or home office, laundry, rear entrance, custom eat in kitchen with sliding doors to deck and fully manicured back yard, dining room, wide staircase and hallway leading to the master suite with full bath, walk in closet, bedroom, bedroom, and another full bath. Lower level features a beautiful family room with wood burning fireplace, utility room, two car attached garage, great yard dotted with mature plantings and beautiful perennials. Central air conditioning, 200 amp electric service, Gas heating & hot water, taxes are quoted without STAR. Not in flood zone. Flood insurance not required. House is being sold as-is, Cash offers preferred. Perfect opportunity to make this home your own.
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Merrick
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$6,200 /mo
- 4 Beds
- 3 Baths
- 2,438 ft²
$3,800 /mo
- 3 Beds
- 1 Bath
- 1,726 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017