2506 Great Bear 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 |
|---|---|---|---|
| Jul 10, 2021 | Sold | ||
| Sold | |||
| Jun 6, 2021 | Listed by Dewbrew Realty, Inc | $385,000 | |
| Listed by Dewbrew Realty, Inc | |||
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Welcome Home! You will absolutely fall in love with this four-bedroom three-bath smart home! This home has it all. Open concept with views of the gorgeous outdoor living area and pool from every room. The family room boasts a wall of windows allowing for an abundance of natural light. A separate mother-in-law suite downstairs. Media room with projector, screen and seating negotiable. Two additional bedrooms upstairs, fresh paint throughout. Almost every light in the home and the thermostat is voice-activated and so much more! It is a MUST SEE! Please click on the movie reel below the pictures to see the virtual walk-through.
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| Jun 25, 2020 | Sold | ||
| Sold | |||
| May 27, 2020 | Listed by ERA Cornerstone Realty | $340,000 | |
| Listed by ERA Cornerstone Realty | |||
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The list goes on and on with this home, starting with a vacation-like backyard! The newly painted pergola-covered deck leads to an outdoor grill on one side, and a beautiful gunite pool on the other, complete with a waterfall and new landscape! The open floor plan contributes to entertainment possibilities, with a wall of windows from the formal dining and living room, as well as the master, that overlook the backyard. Updates: Smart home system with Alexa for the lights, ring, and nest; gas stovetop 2019; sprinkler system updated 2019; all new windows downstairs 2018-2019; roof 2018; french drains and water feature 2018. Pool is serviced every 6 mths. Master down with a media room up. Come see for yourself!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017