2 Witham 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 |
|---|---|---|---|
| Oct 27, 2022 | Sold | ||
| Sold | |||
| Sep 9, 2022 | Listed by Stone Ridge Properties | $207,000 | |
| Listed by Stone Ridge Properties | |||
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Welcome to Paradise Ridge where you can enjoy your very own home in this well established neighborhood. This house is a great affordable option for those looking to maximize their living space, with an open floor plan all on one convenient level. You will be greeted by an airy open living room with fresh carpet (2021) and cozy wood burning fireplace. A separate eat in area is conveniently located right off your large kitchen, which maximizes entertaining space. Laundry is easily accessible in this unit, as are the 3 bedrooms all with oversized closet space. A master suite offers separate shower and soaking tub for those long relaxing evenings. If that is not enough, this home also has one of the largest lots available, fully fenced with not 1 but 2 large storage sheds! Oversized 1 car garage, a roof less than 5 years old and a new central A/C unit round out this delightful Paradise Ridge property. Come down to first showings at Sunday's Open House 11am-1pm.
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| Oct 24, 2011 | Sold | ||
| Sold | |||
| Feb 4, 2011 | Listed by Coco, Early & Associates | $99,957 | |
| Listed by Coco, Early & Associates | |||
| Aug 18, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017