2436 Heather Ln
About This Property
This inviting ranch home in The Ridge at Prairie View features an open floor plan and vaulted ceilings, along with numerous recent updates including new kitchen cabinets, countertops, appliances, interior paint. The kitchen offers a fresh, modern feel, while the open layout is ideal for everyday living and entertaining.
The home also features a small fenced backyard with a covered patio, an inviting covered front porch, and an alley-load garage on a desirable corner lot. Full 1,394 sq ft unfinished basement offers excellent potential for future expansion and includes four large egress windows, insulated walls, and a tankless water heater. Huge garage! Must see!
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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 |
|---|---|---|---|
| Oct 9, 2026 | In contract | - | |
| In contract | |||
| Sep 22, 2026 | Price Decreased |
$389,900
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Sep 2, 2026 | Listed | $399,900 | |
| Listed | |||
| Nov 22, 2021 | Sold | ||
| Sold | |||
| Oct 15, 2021 | Listed | $378,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017