2111 Dorothy Lane
About This Property
Enjoy peaceful views as the property backs up to Ash Creek, creating a serene setting with mature surroundings and room to roam. A rare bonus-this listing also includes a second parcel of 1.5 acres located across the creek.
Whether you're looking for a quiet retreat or a property with added land and potential, this unique opportunity delivers the best of country-style living with convenient access to nearby amenities.
Financing options may include renovation loans such as FHA (203k) or VA renovation financing allowing buyers to roll repair and improvement costs into the mortgage (subject to lender approval).
Great investor opportunity with added land and instant equity. PROPERTY BEING SOLD AS IS.
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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 |
|---|---|---|---|
| Apr 17, 2026 | Sold | ||
| Sold | |||
| Mar 30, 2026 | In contract | - | |
| In contract | |||
| Mar 19, 2026 | Listed by Trinity Group Realty | $250,000 | |
| Listed by Trinity Group Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017