1948 Rory Lane #4
About This Property
The manager has listed the unit size as 1583 square feet.
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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%.
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 1, 2021 | In contract | - | |
| In contract | |||
| Mar 25, 2021 | Listed | $530,000 | |
| Listed | |||
| Jan 8, 2018 | Sold | ||
| Sold | |||
| Nov 14, 2017 | Listed | $412,000 | |
| Listed | |||
 | |||
|
This Beautiful Townhouse Has 3 Bedrooms, 2.5 Baths, And 1583 Sq Ft. It Is In Move-in Condition With A Great Location. Large open living room with vaulted ceilings opening to an eat in kitchen and direct access to the attached two car garage. Newer appliances and newer faucet gives the light bright kitchen a great feel. Step out to the patio with the newer vinyl fence installed in the back yard. The central AC and Furnace are newer. Step upstairs to a large master bedroom with large slider that leads to the balcony with beautiful views of the mountains. The master bath has two sinks and nice large shower. The other two bedrooms on the other side of the home share the Jack and Jill bath. Lots of guess parking close by for friends and family to visit. Enjoy the pool/spa and recreational areas
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/12/2025
|
2 Bed
|
2 Bath
|
1287 ft²
|
$499,000
2 Bed
2 Bath
1287 ft²
|
$437,000
-12.42%
11/25/2025
|
Enrique Montano
RE/MAX Gold Coast REALTORS
| |
|
03/25/2021
|
3 Bed
|
3 Bath
|
1583 ft²
|
$530,000
3 Bed
3 Bath
1583 ft²
|
-
-
|
-
| |
|
08/03/2020
|
3 Bed
|
2 Bath
|
1583 ft²
|
$455,000
3 Bed
2 Bath
1583 ft²
|
$452,500
-0.55%
09/14/2020
|
Tonie Ross
Century 21 Hilltop
| |
|
02/07/2018
|
2 Bed
|
2 Bath
|
1131 ft²
|
$399,900
2 Bed
2 Bath
1131 ft²
|
$392,500
-1.85%
05/11/2018
|
Erik Sellfors
Cambridge Homes
| |
|
11/14/2017
|
3 Bed
|
2 Bath
|
1583 ft²
|
$412,000
3 Bed
2 Bath
1583 ft²
|
$409,000
-0.73%
01/08/2018
|
Judith Seeger
Pinnacle Estate Properties, Inc.
| |
|
06/30/2013
|
2 Bed
|
2 Bath
|
1131 ft²
|
$299,999
2 Bed
2 Bath
1131 ft²
|
$299,000
-0.33%
08/22/2013
|
Joseph Goodwin
MCD Realty Inc.
|
Building Info
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