2660 Cason Lane
About This Property
Home has been remodeled by current owner, featuring granite in the kitchen, updated master bath with walk in shower, dual sinks. Florida room has tiled floor with tongue and groove ceiling, a/c increases the living square footage.
New a/c system and tankless hot water heater.
2 storage sheds on the property.
Fireplace in living room has electric insert or can be used as wood burning.
Picturesque setting of private pond and lots of room for the kids.
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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 |
|---|---|---|---|
| May 22, 2024 | Sold | ||
| Sold | |||
| Dec 13, 2023 | Listed by One Sotheby's International | $499,000 | |
| Listed by One Sotheby's International | |||
| | |||
|
MOTIVATED SELLER! This 3 bedroom, 2 bath haven on 1.4 acres is located at the end of a dead end road, with undeveloped areas on two sides. It is quiet and secluded, yet shopping and dining is less than 10 minutes away. There's a bit of magic to this property, with a tiny patch of woods in the front of the pond and an outlier palm stretches across horizontally for the turtles to sun themselves on. Great blue herons and other wading birds are often seen at the pond edges, in the pond, and an occasional visit from an otter family occurs.
If someone chose to, they could live off the land on this property that hosts several different fruit bearing plants including banana, starfruit, mango and several others. There are raised planter boxes in which to grow vegetables. Several outbuildings currently house flocks of ducks, chickens, quail and a small herd of goats. All the livestock can stay with the property if the new owner would like them.
The roof 2022, septic 2019, 2 sheds.
| |||
| Mar 8, 2016 | Sold | ||
| Sold | |||
| Jan 6, 2016 | Listed by AHR Real Estate | $225,000 | |
| Listed by AHR Real Estate | |||
| Jul 19, 2013 | Sold | ||
| Sold | |||
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About Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017