250 Queens Lane
About This Property
Perfect for entertaining or enjoying simple days/ nights at home - Very Peaceful.
In addition, this home comes with private deeded beach access, bike trail access, and exclusive use of the community day dock located at the West end of the street (see photos).
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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 |
|---|---|---|---|
| Jun 4, 2020 | Sold | ||
| Sold | |||
| Apr 22, 2020 | Listed by Douglas Elliman | $2,999,500 | |
| Listed by Douglas Elliman | |||
| Nov 20, 2019 | No longer available | - | |
| No longer available | |||
| Oct 16, 2019 | Price Decreased |
$3,300,000
↓ $200K
(5.7%) | |
| Price Decreased | |||
| May 7, 2019 | Listed | $3,500,000 | |
| Listed | |||
| | |||
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Fully renovated (2019) 3 BR / 3.5 BA Bermuda style home, offered fully furnished. This home features large rooms, open floor plan, new kitchen, baths, impact windows and more. Perfect for entertaining or enjoying simple days/nights at home - very peaceful. In addition, this home comes with private deeded beach access, bike trail access and exclusive use of the community day dock located at the west end of street (see photos). The manager has listed the unit size as 2335 square feet.
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Property Highlights
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Sold On
About El Encanto
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$7,750 /mo
- 3 Beds
- 2 Baths
- 1,835 ft²
$5,000 /mo
- Studio
- 1 Bath
- 271 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017