19022 Hammer Lane
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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%.
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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 |
|---|---|---|---|
| Dec 5, 2024 | Sold | ||
| Sold | |||
| Nov 6, 2024 | In contract | - | |
| In contract | |||
| Aug 20, 2024 | Listed by RE/MAX Elite Properties | $299,900 | |
| Listed by RE/MAX Elite Properties | |||
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Beautiful, move-in ready home in the sought-after Cumberland Crossing community, conveniently located near Hwy 99 and Hwy 59. This 1.5-story property showcases recent laminate flooring throughout, except for the upstairs game room, which is carpeted. The kitchen features recent lower cabinetry, granite countertops, black stainless steel appliances, recessed lighting, and a breakfast nook that opens to the main living spaces. The HVAC system was updated with a new motor and fan in 2022. The primary suite includes double sinks, granite-topped vanities, a separate tub and shower, and a generous walk-in closet. The secondary bathroom is updated with a recent vanity, granite countertop, and tub/shower combo. The home's split floorplan offers privacy, while the backyard's covered patio and the large front porch provide perfect spots for outdoor relaxation. The neighborhood park is just a short walk away.
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| Jul 1, 2022 | Sold | ||
| Sold | |||
| May 11, 2022 | Listed by RE/MAX Heritage | $299,000 | |
| Listed by RE/MAX Heritage | |||
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Stunning home located in the desirable Cumberland Crossing neighborhood, which has easy access to Hwy 99 and Hwy 59. This fabulous 1.5 story home features: brand new wood laminate (waterproof) flooring throughout (except carpet in upstairs gameroom); brand new lower cabinets in island kitchen w/granite counters, black stainless steel appliances, recessed lighting, breakfast nook and overlooks the rest of the downstairs entertaining areas; fresh paint throughout the interior; new door going into the garage; HVAC (motor & fan replaced in 2022); primary retreat has an en-suite bathroom w/double sinks, granite counters, new vanity, separate tub & shower as well as a large walk in closet; secondary bathroom has new vanity w/granite counters & tub/shower combo; split floorplan; backyard has a generous sized covered patio and the front of the home has a large porch...either front or back... you can sit out and enjoy the views of your property! Park in the neighborhood and a park as well!!
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About Cumberland Crossing
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Last Updated: 4 months ago
Data Source: HAR , MLS# 69558724
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017