2 Powder House Lane
About This Property
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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%.
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 2, 2020 | Sold | ||
| Sold | |||
| Apr 23, 2019 | Listed by Realty Express - Lakeville | $699,900 | |
| Listed by Realty Express - Lakeville | |||
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Welcome home to Mendon's premier Subdivision, Cook's Crossing! In this beautiful new construction home you will find a property offering the life of comfort you deserve. Step into this elegant open floor plan home spread across 3000 square feet, giving you the space you need to enjoy daily life. As you step inside and into the foyer you will be greeted by gleaming hardwoods that stretch in all directions. Wainscoting and chair rail in the formal dining room add subtle elegance to your home, while tall ceilings soar above you. From here you move to the kitchen where you’ll find a vast granite countertop and stainless steel appliances. A grand sized family room with zero clearance gas fireplace will hold all your guests. Upstairs are your bedrooms, each of which is a generous size. Your master suite is an immense area with large walk in closets and beautiful master bath and a tiled shower. Your yard is a verdant paradise that will be enjoyed for years from your composite deck.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017