266 Alta 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 |
|---|---|---|---|
| Jan 10, 2020 | Sold | ||
| Sold | |||
| Sep 6, 2019 | Listed by Jeffrey Middaugh | $464,000 | |
| Listed by Jeffrey Middaugh | |||
| Mar 7, 2019 | Sold | ||
| Sold | |||
| Dec 7, 2018 | Listed by Big Block Realty, Inc. | $270,000 | |
| Listed by Big Block Realty, Inc. | |||
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Buyer did not perform back on the market- Opportunity is knocking for this investor special-cash only as property has severe deferred maintenance- value in the land- build a new home or major remodel.Sale is approved at asking price .Age of septic and propane tank unknown, all debris will convey.Original 1918 electrical. Please have caution when walking on property. Neighborhoods: Crest Equipment: Shed(s) Other Fees: 0 Sewer: Septic Installed Topography: LL
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017