24 Farmstead 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 |
|---|---|---|---|
| Sep 12, 2024 | Sold | ||
| Sold | |||
| Jul 17, 2024 | In contract | - | |
| In contract | |||
| Jun 27, 2024 | Listed by Signature Premier Properties | $2,800,000 | |
| Listed by Signature Premier Properties | |||
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Situated on 2 acres of meticulously landscaped grounds, this exquisite center hall colonial offers privacy and serenity. The moment you approach the property, you'll be captivated by its timeless beauty and attention to detail. Built by Walter Uhl, a major builder of Long Island homes (Flower Hill Estates in Manhasset) every aspect of this home has been thoughtfully updated to blend classic charm with modern amenities. A spacious primary suite includes a sitting room, white marble bath and 3 walk in closets. An expansive guest wing provides plenty of room for visitors. Step inside and discover a world of elegance and comfort. From the entryway to the living areas, every room exudes warmth and sophistication. The outdoor spaces which include an inground pool, cabana, patio and grill area are equally impressive, perfect for relaxing or entertaining. Jericho School Disctrict
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| May 14, 2021 | Sold | ||
| Sold | |||
| Mar 30, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017