226 Briar Trace 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 |
|---|---|---|---|
| Dec 16, 2024 | Sold | ||
| Sold | |||
| Nov 4, 2024 | In contract | - | |
| In contract | |||
| Oct 25, 2024 | Listed by Keller Williams Premier Realty | $340,000 | |
| Listed by Keller Williams Premier Realty | |||
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No detail was overlooked when it comes to this beautifully updated, one-story charmer. 226 Briar Trace Ln. is located on a quiet cul-de-sac in the heart of Rivers Edge. From the manicured lawn and solid wood front door to the flexible floorplan and the covered back patio you will appreciate the attention to quality, comfort, and modern living. NEW ROOF TO BE INSTALLED PRIOR TO CLOSING. Boasting 3 bedrooms, 2 full baths, AND a dedicated home office/den, the interior of this home is a true retreat. The neutral, designer color scheme is complimented by timeless wood-look tile floors, granite countertops, upgraded cabinetry and moldings. Don't let the custom cabinets and upgraded hardware distract you from the Pinterest-worthy pantry in the kitchen! Whether you enjoy quiet evenings or large-scale entertaining, this home has the space to meet your needs. HS ATTENDANCE ZONE BEGINNING AUG 2025 IS TO BE FOSTER HS.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017