2529 Cheyenne Lane
About This Property
This property features a stunning 2-bedroom, 2.5-bathroom 1,749 sq ft barndo built in 2021, blending modern design with practical functionality. Inside, you'll find a beautiful open concept kitchen with stainless steel appliances, large living area, dining area, dedicated laundry room complete with a sink, and a wall of open shelving ideal for pantry storage or organizing household essentials. Upstairs, a bonus room offers versatile space - perfect for an office, craft room or kids room. Walk-out access to additional built-in shelves in the attached shop space, great for storing holiday decor or seasonal items.
The attached shop space is a dream for hobbyists or those needing extra storage. It includes a garage large enough to park an RV, built-in cabinets, and ample workspace.
In the main house, you'll enjoy a beautifully updated master bathroom and a comfortable layout that ties this elegant home together with warmth and style. Beautifully maintained and elegant.
Set on a peaceful piece of land, this property offers endless possibilities.
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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 |
|---|---|---|---|
| Aug 28, 2025 | Sold | ||
| Sold | |||
| Jul 15, 2025 | In contract | - | |
| In contract | |||
| Jul 10, 2025 | Listed by Keller Williams Johnson County | $675,000 | |
| Listed by Keller Williams Johnson County | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017