217 Phinneys Ln
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 |
|---|---|---|---|
| Apr 9, 2024 | Sold | ||
| Sold | |||
| Mar 4, 2024 | In contract | - | |
| In contract | |||
| Feb 29, 2024 | Relisted | $475,000 | |
| Relisted | |||
| Feb 6, 2024 | In contract | - | |
| In contract | |||
| Jan 29, 2024 | Listed by LPT Realty, LLC | $475,000 | |
| Listed by LPT Realty, LLC | |||
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Welcome to 217 Phinney's Lane, where cottage charm meets timeless elegance. This 2 bedroom Ranch is nestled on a private 1/2 acre lot, offering a tranquil retreat in a convenient location. The updated kitchen boasts a custom message center wall, spice shelf, and a dramatic coffered ceiling, adding depth and grandeur. The dining area has two walls of windows bringing in the natural light. The wood-burning fireplace is the focal point of the living room, creating a cozy and inviting atmosphere. Step outside and be amazed by the captivating backyard oasis, featuring two goldfish ponds, patio, gazebo, stonewalls and extensive plantings and trees- perfect for relaxing and entertaining. Rounding out this home is a garage, a partially finished basement offering plenty of potential for additional finished space. Lots of parking for your boat, RV or commercial equipment. This year-round home is conveniently located near Craigville Beach, shopping, restaurants and all the Cape has to offer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017