229 Castlegate 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 16, 2020 | Sold | ||
| Sold | |||
| Aug 14, 2020 | Listed by RE/MAX Elite Properties | $340,000 | |
| Listed by RE/MAX Elite Properties | |||
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This Weekly home is beautiful from the inside out! The curb appeal is inviting, the entry of the home has soaring ceilings & a full lite glass door. Wide plank wood-look tile stretches from the entry to the back of the house. The office offers French doors & high ceilings. The kitchen has pendant lighting, granite counters, subway back splash, recessed can lights & stainless steal appliances. The living room has an abundance of light pouring in from large windows on the side & back of house. Step outside the backdoor to a generous size covered porch complete with two ceiling fans. Wrought iron fencing allows for a stunning view of the pond behind the house. The primary bedroom has a large bay window with tons of natural light & en suite bathroom attached. There is a gorgeous large barn door creating privacy for the secondary bedrooms and bathroom. The wood-look tile continues into the secondary bedrooms. This home is finished to perfection, has a great layout & no flooding here!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017