244 Cartwright Hill Lane
About This Property
Additional features include: A circle drive with covered entry, a 20x40 shop with mezzanine, and custom-built kennels, great for dog lovers, hobbyists, or even small business use. With some updates and vision, this place could truly shine. The sellers are ready for the next chapter and are looking forward to seeing someone bring new life to this amazing property!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 24, 2025 | Sold | ||
| Sold | |||
| Nov 18, 2025 | In contract | - | |
| In contract | |||
| Nov 5, 2025 | Price Decreased |
$350,000
↓ $40K
(10.3%) | |
| Price Decreased | |||
| Oct 29, 2025 | Price Decreased |
$390,000
↓ $25K
(6%) | |
| Price Decreased | |||
| Oct 26, 2025 | Relisted | $415,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017