2 Lance Lane
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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 |
|---|---|---|---|
| Jun 29, 2023 | No longer available | - | |
| No longer available | |||
| Jun 27, 2023 | Listed by EXP Realty | $185,000 | |
| Listed by EXP Realty | |||
| May 11, 2023 | In contract | - | |
| In contract | |||
| May 2, 2023 | Price Decreased |
$175,000
↓ $10K
(5.4%) | |
| Price Decreased | |||
| Apr 11, 2023 | Listed by Moe MARKETING Realty Group | $185,000 | |
| Listed by Moe MARKETING Realty Group | |||
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ONE LEVEL LIVING AT IT'S FINEST, A QUIET 55+ COMMUNITY TO CALL HOME! Built in 2018, this two bedroom, one bathroom, double-wide with a gorgeous covered porch is as turn-key as it gets. The home is on a convenient corner lot with a large yard with an abundance of garden space. Comes with a brand new 12x14 shed, as well as an 18x20 metal carport. As you enter through the comfy covered porch, you'll find a very spacious living and dining area, equipped with an eat-in island and stainless steel appliances. Head out back to the deck and enjoy the gorgeous landscaped surroundings. YOUR NEW BEGINNING AWAITS, WELCOME TO YOUR NEW FOREVER HOME! Purchase is subject to park approval. The manager has listed the unit size as 880 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017