21 Farmhouse 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 29, 2023 | Sold | ||
| Sold | |||
| Feb 4, 2022 | Listed by Leading Edge Real Estate | $2,195,000 | |
| Listed by Leading Edge Real Estate | |||
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READINGS NEWEST AND MOST EXQUISITE ADDRESS! Homes starting at 1.95M, this 3 Lot Subdivision will feature Farmhouse style Colonials built by renowned builder, MGHALL CONTRACTORS, INC and will boast the most refined details. Lot 2, located at the end of the cul-de-sac, will have over 5000 square feet of living space, soaring entry way, open floor plan and discerning appointments throughout. 1st floor master bedroom suite, plus additional master bedroom suite on second level. Finished walk out lower level will feature Gaming room with wet bar, family room, additional laundry space, and 5th bedroom ensuite. 3 car garage, and will sit beautifully on 1/2 acre lot. Walk to Elementary School, and easy access to major routes!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017