253 Ashlawn Drive
About This Property
This beautiful home has many custom finishes, including a grand entry way with wide hallways, vaulted ceilings, decorative lighting, built in book shelves, and art niches. Kitchen is light and bright with white subway tiles, custom cabinetry, gorgeous granite countertops, and a large island that overlooks the spacious living room, great for family dinners and entertaining. In this split bedroom plan, the primary bedroom is away from the other bedrooms. It has an en-suite bath with a garden tub, dual sinks, separate shower, linen closet, water closet & a big walk in closet. The secondary bedrooms are spacious. There is a flex room with barn doors that could be a game room, study or formal dining room. The covered back porch & nice size yard allows you and your family to enjoy time together. This home is located in a great neighborhood with a community pool & minutes away from restaurants and shopping!
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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 |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Aug 12, 2024 | In contract | - | |
| In contract | |||
| Jul 15, 2024 | Price Decreased |
$455,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Jun 4, 2024 | Price Decreased |
$460,000
↓ $15K
(3.2%) | |
| Price Decreased | |||
| May 2, 2024 | Listed by RE/MAX Arbors | $475,000 | |
| Listed by RE/MAX Arbors | |||
Property Highlights
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About Lawson Farms
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$2,400 /mo
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$1,275 /mo
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20600222
Details provided by NTREIS and may not match the public record
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Address: 335 Madison Avenue, New York, NY 10017