2306 Switchgrass 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 |
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| Nov 21, 2023 | Sold | ||
| Sold | |||
| Sep 27, 2023 | Listed by Orchard Brokerage | $315,000 | |
| Listed by Orchard Brokerage | |||
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This exquisite 3 bed/2 bath + open office/game room is better-than-new and offers a spacious open layout with numerous upgrades! Step inside and be captivated by modern features and clean design. The heart of this home is the stylish kitchen, boasting a water filtration system, gorgeous island countertops, and a sleek kitchen backsplash. All appliances are top-of-the-line 2020 LG products making this kitchen is a true chef grade delight. The primary suite has an ensuite with double sinks and large standalone shower. The flooring in the kitchen, living room, and bathrooms is beautifully tiled where cozy carpet in all bedrooms. The spacious backyard is a versatile space waiting for your personal touch and the solar-powered system means reduced electricity bills! Located in Seabourne Landing, this home is conveniently located across from Meyer Elementary School and near local amenities. Click the Virtual Tour link to view the 3D walkthrough.
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| Sep 11, 2020 | Sold | ||
| Sold | |||
| May 11, 2020 | Listed by Move Up America | $269,290 | |
| Listed by Move Up America | |||
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NEW COMMUNITY W/ MODERN FARMHOUSE DESIGNS! Open-Concept 1-Story Chesmar Home w/ so much space! Home boasts w/ tall ceilings throughout, 3 Bedrooms/2 Baths/2-Car/Study + Casual Dining + Oversized Covered Patio. Elegant Stone Exterior Design. Play Chef in this big, open Kitchen w/ painted Gray Cabinets, Luxury Granite Countertops Galore, Designer Tile Backsplash on Herringbone Pattern, Floating Island w/Pendant & Under-Cabinet Lighting + Stainless GE Appliance Package. Kitchen has Walk-In Pantry! Beautiful Wood-Tile Flooring at Entry, Family, Kitchen, Casual Dining. Main Bath has Oversized Glass-Enclosed Shower. Impressive Mahogany Front Door w/Reeded Glass Design, Sprinkler System, 2" Faux Wood Blinds & more! Our DIAMOND Energy-Saving Features will SAVE YOU MONEY! Plans, price & features subj. to change, Sq.Ft.is approx. Home is available for immediate move-in. For more info, contact Chesmar Homes.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017