2607 Strait 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 |
|---|---|---|---|
| Dec 4, 2023 | Sold | ||
| Sold | |||
| Oct 23, 2023 | Listed by Realty Associates | $240,000 | |
| Listed by Realty Associates | |||
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Look no further! Charming one-story home with a grassy front yard, mature trees, and a 2 car garage. Beautiful interior boasting a large living room with a vaulted ceiling, French doors to the backyard, & a brick-accented wood-burning fireplace, making it the focal point of gatherings and cozy evenings. Tile flooring and neutral palette throughout. Cook delicious meals in the ample kitchen equipped with a breakfast bar, granite counters, built-in appliances, white cabinetry, a stylish backsplash, and a pantry. Don't miss the formal dining perfect to have a feast! The sizable main bedroom offers a vanity with track lighting, a walk-in closet, and a bathroom with a jetted tub. Relax in the private backyard with an extended covered patio, lush grass, and a detached workshop that can also be used as a guest quarter. A must-see home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017