216 Lenape Trail
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 28, 2024 | Price Decreased |
$549,000
↓ $20K
(3.5%) | |
| Price Decreased | |||
| Jul 16, 2024 | Listed | $569,000 | |
| Listed | |||
| | |||
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Come join the extended ''Pawnee Area''.
Picturesque charming ranch with finished basement and large detached garage on over an acre lot! New Roof! Bright spacious kitchen with dining area and 2 pantries, large living room with wood stove. Hardwood floors throughout. The basement is fully finished and provides extra living space, plus a bonus room, extra storage and laundry room. The home is set back, with views of the lake. The lot is gorgeous and private, fenced in yard, with a large deck and patio, 2 sheds, huge driveway with plenty of parking and a huge detached 24'x30' garage. Architectural plans are available to turn into a three bedroom.
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| Nov 3, 2023 | Sold | ||
| Sold | |||
| Sep 19, 2023 | Listed by RE/MAX Homeland Realtors | $499,900 | |
| Listed by RE/MAX Homeland Realtors | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017