216 Fire Lane 12
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 |
|---|---|---|---|
| Jul 11, 2024 | Sold | ||
| Sold | |||
| May 6, 2024 | In contract | - | |
| In contract | |||
| Apr 26, 2024 | Listed by eXp Realty | $409,900 | |
| Listed by eXp Realty | |||
| | |||
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This captivating year-round residence is the tranquil retreat-like home you’ve been waiting for. Spanning over 4 acres of picturesque land, including wooded areas and a private 25’ trail leading to Cross Lake, which is not land locked and water adventures can extend to a few Finger Lakes, St Lawrence River, and even the Atlantic Ocean should you feel extra adventurous, from your front yard! Inside, the home impresses with three spacious bedrooms, two full bathrooms, and a luxurious primary bedroom suite with a walk-in closet, a 5'x7' walk-in shower with heated floors, and a porch to enjoy your morning coffee and the spectacular sunrise show. The expansive enclosed porch, and 25' of beachfront to enjoy swimming, fishing, and boating offer a variety of areas to entertain. With a full dry basement and a 20’ X 40’ pole barn that includes electricity and water, this residence offers ample storage space and opportunities for all types of hobbies. Constructed with enduring wood materials and a metal roof, this home combines rustic charm with assuring durability. Don't miss the opportunity to own this hidden gem, where every day feels like a vacation.
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| Jul 21, 2016 | Sold | ||
| Sold | |||
| Jan 16, 2016 | Listed by COLDWELL BANKER PRIME PROP,INC | $219,900 | |
| Listed by COLDWELL BANKER PRIME PROP,INC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017