218 New Jersey Lane
About This Property
Welcome to this open, spacious, and light-filled home, offering the perfect blend of comfort and charm. Featuring 2 generously sized bedrooms and 2 modern bathrooms, this home is designed for both relaxation and entertainment.
The open living room is incredibly spacious, featuring large windows and sliding glass doors that invite natural light while providing seamless access to the outdoor space. A cozy fireplace adds warmth and ambiance, making it the perfect spot to unwind and enjoy the comfortable, open layout.
The eat-in kitchen is a true highlight, boasting a large picture window that fills the space with sunlight and offers serene views. The dedicated dining room features a sliding glass door leading directly to the backyard, making indoor-outdoor dining and entertaining effortless.
Step outside into the park-like backyard-an absolute oasis! Beautifully landscaped with lush gardens, a grassy retreat, and thoughtfully designed hardscaping, this space is perfect for relaxation or hosting gatherings. Pavers surround the property, creating defined walkways and seating areas, while the dedicated BBQ space makes outdoor cooking a dream.
Located in a gated community, this home is perfectly positioned just across from the swimming pool, spa, clubhouse, tennis courts, and more. Enjoy the best of resort-style living with top-tier amenities right at your doorstep.
This is a rare opportunity to own a home in such a prime location-don't miss out! Schedule your showing today!
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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 |
|---|---|---|---|
| Mar 26, 2025 | Sold | ||
| Sold | |||
| Feb 20, 2025 | Listed by Keller Williams Realty | $799,900 | |
| Listed by Keller Williams Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017