22 Michelle Lane
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 |
|---|---|---|---|
| Nov 18, 2016 | Sold | ||
| Sold | |||
| Sep 21, 2016 | Listed by Keller Williams Realty Signature Properties | $425,000 | |
| Listed by Keller Williams Realty Signature Properties | |||
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Hard to find Colonial with four corner bedrooms located near the Canton line in Randolph's premier neighborhood, Camelot Estates. Sited on a 12,000+ square foot lot, this fantastic home features an attached two car garage connected by a screened in breezeway that leads to the side entrance and out to the back deck and beautifully landscaped backyard. Many recent renovations include finished basement, new air conditioning condenser, new roof, new exterior and interior paint, new kitchen appliances, and an updated 2nd floor bathroom. The first floor layout includes a spacious kitchen, dining room, living room and den. Located a short distance to Ponkapoag Pond, the Blue Hills for hiking and skiing, and easy access to Routes 93, 24, 95, 128.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017