52
Map
251 A Lane
About This Property
Great investment 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 |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Oct 23, 2024 | In contract | - | |
| In contract | |||
| Oct 20, 2024 | Listed by LoKation | $299,000 | |
| Listed by LoKation | |||
| Dec 3, 2023 | No longer available | - | |
| No longer available | |||
| Nov 27, 2023 | Listed by The K Company Realty | $319,000 | |
| Listed by The K Company Realty | |||
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5 bedroom, 2 bath main house with a 1 bedroom/ 1 bath mother-in-law suite with full kitchen. Main house 2188 sq ft with 5 bedrooms, 2 baths. Guest house/ Mother-in-Law suite is 684 sq ft 1 bedroom, 1 bath with full kitchen. Property was completely remodeled 2 years ago with all new plumbing under and above, septic system, hvac & hot water heater, roof, luxury vinyl flooring, kitchen cabinets with granite tops. This is a very unique property, must see. Income processing property, rent this property for $2600-3000 monthly. The manager has listed the unit size as 2188 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017