27 FLEMINGTON LANE
About This Property
Inside, modern upgrades shine with luxury vinyl flooring, fresh paint, updated lighting, and new ceiling fans throughout. The remodeled kitchen boasts brand-new cabinetry, countertops, and brushed stainless steel appliances. A thoughtfully designed split floor plan ensures privacy, featuring a spacious master suite with a walk-in closet and ensuite bath, plus two guest bedrooms each with their own full baths.
A standout feature of this home is the 425 sq ft great room addition, filled with natural light from multiple windows and offering direct access to the pool area. Additional enhancements include a house generator with a dedicated 100 gallon propane tank, new electric pool heater, new 6' vinyl fence, garage floor epoxy paint, an irrigation well, Simply Safe home security system, and updated exterior paint.
This meticulously maintained property offers both comfort and modern convenience in a sought-after location, making it an exceptional place to call home.
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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 9, 2025 | Sold | ||
| Sold | |||
| Apr 15, 2025 | In contract | - | |
| In contract | |||
| Apr 8, 2025 | Relisted | $489,000 | |
| Relisted | |||
| Apr 3, 2025 | In contract | - | |
| In contract | |||
| Mar 13, 2025 | Price Decreased |
$489,000
↓ $5K
(1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017