25 Mike Lane
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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 25, 2022 | Sold | ||
| Sold | |||
| Sep 12, 2022 | Sold | ||
| Sold | |||
| Jun 18, 2022 | In contract | - | |
| In contract | |||
| Jun 2, 2022 | Listed by Signature Premier Properties | $699,000 | |
| Listed by Signature Premier Properties | |||
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Center hall Colonial, set on half acre, in the lovely Morewood Knolls development.This 2700 sq. ft. home features entrance foyer, with updated kitchen with granite counters and stainless appliances. Large formal dining room with butler's pantry is perfect for entertaining. 4 oversized bedrooms, which includes a master Ensuite, with walk-in closet. Separate laundry/ office area with plenty of storage, and family room with sliders leading to laminate deck, overlooking park like grounds with in ground pool. All Anderson windows, Central air, alarm system and more!
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| May 22, 2022 | Listed by Signature Premier Properties | $699,000 | |
| Listed by Signature Premier Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017