2 Bishop 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.
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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 |
|---|---|---|---|
| Apr 17, 2024 | Sold | ||
| Sold | |||
| Mar 3, 2024 | In contract | - | |
| In contract | |||
| Feb 14, 2024 | Listed by Daniel Gale Sothebys Intl Rlty | $695,000 | |
| Listed by Daniel Gale Sothebys Intl Rlty | |||
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Meticulously maintained spacious 3 bedroom, 2 bath Contemporary Ranch on manicured and fully fenced level half acre plus lot is offered for the first time by original owners. Cathedral ceilings and beautiful natural light from floor to ceiling windows accentuate the dramatic tiled fireplace in main Great Room. A perfect open floor plan has all bedrooms including the spacious Primary Suite together in one wing while extensive and comfortable public areas include Dining Room and Eat in Kitchen with access to expansive covered decking. The attached oversized and vaulted 2 Car Garage offers endless potential. Many recent updates!! Perfect location near shopping and schools with easy access to major roadways and Long Island's MacArthur Airport (resident parking a plus). Sachem School District
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017