23 Windham Lane
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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 13, 2024 | Sold | ||
| Sold | |||
| Aug 23, 2024 | In contract | - | |
| In contract | |||
| Aug 14, 2024 | Listed by RE/MAX Integrity Leaders | $550,000 | |
| Listed by RE/MAX Integrity Leaders | |||
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Put your personal touch on this well maintained Hi Ranch style home. This layout lends itself well for potential mother daughter or rental income with proper permits. The main level has a full slider outside entrance from the backyard. Harwood floors throughout the 2nd floor visible and under the carpets. Features include a turbo max hot water heater, 200 amp electric, central air conditioning, fenced private yard, two car garage, attic storage, in ground sprinklers, and more. Conviently located near LIRR, Ronkonkoma Hub, LIE, and other major roadways. Sachem schools. Taxes 9527.97.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017