2 Villa 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 |
|---|---|---|---|
| May 28, 2026 | Sold | ||
| Sold | |||
| Apr 28, 2026 | In contract | - | |
| In contract | |||
| Apr 13, 2026 | Listed by Century 21 North East | $788,888 | |
| Listed by Century 21 North East | |||
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West Peabody home in the highly sought-after Burke School District! This sprawling ranch offers 7 rooms, 3 bedrooms, and 2 baths with approx 1,738 sq ft of easy one-level living, set on a corner lot tucked back from the street for added privacy and curb appeal. Designed for both comfort and entertaining, the kitchen flows seamlessly into an open layout with two expansive living areas , creating an accessible, flexible layout ideal for today’s lifestyle. One of the living rooms features a gas fireplace. Key updates include a young Bosch heating and hot water system, newer fence install, and sewer line replaced in 2022. A double-wide driveway provides ample parking, while the covered stone patio offers the perfect outdoor space to relax or entertain. Located on a street that flows into a newer development of homes valued at $1M+, this property offers strong surrounding value and long-term upside. This is a stand out opportunity in one of West Peabodys most desirable neighborhoods.
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| Dec 9, 2022 | Sold | ||
| Sold | |||
| Nov 7, 2022 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017