225 Aurora Lane
About This Property
Upper deck accessed from the living room and primary bedroom; lower deck accessed from the unfinished basement. The unfinished basement offers flexible potential for an office, workshop, rec room, storage, or an additional bedroom. Two-car garage plus driveway parking for 1–2 additional vehicles depending on size.
Convenient to Harmon Field and downtown Tryon, and roughly 20 minutes to the equestrian center. Property backs to the upcoming Rail Trail. Private road with maintenance agreement. Fire hydrant within 200' of home. Propane serves range, water heater, and fireplace (leased tank). Dryer hookup for electric or propane. Utility sink in garage.
Great functionality for a family home or potential short-term rental/Airbnb.
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 23, 2026 | Price Decreased |
$440,000
↓ $20K
(4.3%) | |
| Price Decreased | |||
| Apr 23, 2026 | Price Decreased |
$459,900
↓ $20K
(4.2%) | |
| Price Decreased | |||
| Jan 21, 2026 | Listed by Real Broker, LLC | $480,000 | |
| Listed by Real Broker, LLC | |||
| Sep 29, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017