209 CONVEX Lane
About This Property
The home boasts luxurious LVP flooring throughout and elegant Corian countertops, complemented by a stylish tiled backsplash. The home has 6 ceilings fans and a water softener.
Step outside to a screened-in patio, perfect for enjoying the outdoors in comfort, and admire the durable Shark Coating on the front porch, garage, and back patio. The large backyard, partially fenced, offers the potential to add a pool and provides privacy with its private preserve lot setting.
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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 |
|---|---|---|---|
| Feb 11, 2025 | Sold | ||
| Sold | |||
| Jan 15, 2025 | In contract | - | |
| In contract | |||
| Jan 7, 2025 | Listed by RE/MAX CONNECTS | $499,900 | |
| Listed by RE/MAX CONNECTS | |||
| Oct 1, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 5, 2024 | Price Decreased |
$539,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Price/ft²
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017