243 Barnes 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 |
|---|---|---|---|
| Mar 10, 2022 | Sold | ||
| Sold | |||
| Jan 6, 2022 | Listed by RE/MAX 1st. Advantage | $285,000 | |
| Listed by RE/MAX 1st. Advantage | |||
| Jun 14, 2018 | Sold | ||
| Sold | |||
| Mar 5, 2018 | Listed by Heritage House Sotheby's International Realty | $169,900 | |
| Listed by Heritage House Sotheby's International Realty | |||
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Located adjacent to a school & playground and on a cul-de-sac street, this charming cottage would make a great starter home. The ceramic-tiled living room flows into a raised dining room, which has a sliding door that leads to a wooden deck with a pergola. The laundry room also has a door to the yard. The home includes three bedrooms, a spacious master bathroom, and another full bathroom. For additional storage, cellar doors are located on the side of the house. With close proximity to a shopping center, but still on a quiet street, this cozy home lays claim to a fantastic school system and has been completely renovated, leaving nothing to be desired.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017