2001 Rachel 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 |
|---|---|---|---|
| Mar 30, 2022 | Sold | ||
| Sold | |||
| Feb 18, 2022 | Listed by The Professional Landlords | $431,000 | |
| Listed by The Professional Landlords | |||
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Immaculate 4bed/2bath corner lot home with over 2100 square feet of living space! This home features grand living space throughout! The front of the home has a dual open space which can be a den, a second family room, office space or a play area. The island kitchen comes with all black appliances, the main living area is in the back of the home adjacent to the kitchen and has a gas stone fireplace. The third bedroom connects to the primary bedroom which is perfect for a nursery, office or woman/man cave. There are so many uses for so many rooms in this home! Washer & dryer are included! Low HOA fees, close to major shopping centers and centered between I-30 and 120 with easy access to the expressway.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017