23913 Park Lane
About This Property
The lower level, accessible through a separate entrance, presents a fantastic opportunity for a mother-in-law suite or guest quarters. Both levels feature expansive decks, perfect for enjoying the stunning mountain views and fresh air.
Situated within walking distance to town, this cabin offers the best of both worlds: tranquility and accessibility. Whether you're seeking a weekend retreat or a full-time residence, this property is a mountain gem waiting to be discovered.
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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 |
|---|---|---|---|
| Feb 19, 2025 | Sold | ||
| Sold | |||
| Jan 20, 2025 | Listed by SAN MORITZ REALTY | $365,000 | |
| Listed by SAN MORITZ REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017