21 New Lane
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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 24, 2024 | Sold | ||
| Sold | |||
| Aug 13, 2024 | In contract | - | |
| In contract | |||
| Jul 23, 2024 | Listed by Compass Greater NY LLC | $499,990 | |
| Listed by Compass Greater NY LLC | |||
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Large raised ranch 3/4br 2 bath with 2 levels above grade, garage, great location, separate guest quarters, or great for the extended family, can be mother/daughter or income earning home with proper modifications and permits oak Floors through out main level, updated heating system, Granite counters, fully fenced over sized yard with additional usage area than the .24 listed on record. Includes updated washer & Dryer
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017