224 Allerton Lane
About This Property
Inside, the main level features a thoughtful floor plan with a dedicated office, a large living room highlighted by soaring ceilings and a cozy fireplace, and a bright kitchen with an island and breakfast nook. A formal dining room that can also serve as a second living area creates versatile options for gatherings. The downstairs also includes a full-size laundry room and a convenient half bath.
Upstairs, multiple bedrooms are generously sized and feature walk-in closets. The primary suite offers ample space and comfort, complemented by an ensuite bath and a massive walk-in of its own. This home combines functionality and charm in a peaceful neighborhood setting - just waiting for its next owner to make it their own.
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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 24, 2025 | Sold | ||
| Sold | |||
| Oct 30, 2025 | In contract | - | |
| In contract | |||
| Oct 24, 2025 | Listed by Keller Williams Realty DPR | $307,000 | |
| Listed by Keller Williams Realty DPR | |||
| Jan 31, 2024 | No longer available | - | |
| No longer available | |||
| Jan 4, 2024 | Listed by Divvy Brokerage LLC | $350,000 | |
| Listed by Divvy Brokerage LLC | |||
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Welcome to your charming new home that offers a delightful blend of comfort and style. The freely painted home boasts a spacious layout with an abundance of natural light throughout. The inviting living room is perfect for relaxation and entertainment, while the well-appointed kitchen is a chef's dream, featuring modern appliances and ample storage space. Whether you work from home or need a bonus space, the large office is the perfect bonus room. The bedrooms are generously sized and provide a peaceful retreat at the end of the day. The backyard is a tranquil oasis, with a lovely patio area for outdoor dining and a lush green lawn for outdoor activities. Conveniently located near schools, parks, and shopping, this home offers the perfect balance of serenity and convenience. Don't miss the opportunity to make this house your dream home! The manager has listed the unit size as 2295 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017