276 Monarch 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 |
|---|---|---|---|
| Apr 7, 2023 | Sold | ||
| Sold | |||
| Feb 17, 2023 | No longer available | - | |
| No longer available | |||
| Feb 16, 2023 | Listed by RE/MAX Suburban | $299,999 | |
| Listed by RE/MAX Suburban | |||
| Jan 5, 2023 | Price Decreased |
$314,700
↓ $15K
(4.6%) | |
| Price Decreased | |||
| Dec 2, 2022 | Listed by RE/MAX Suburban | $329,900 | |
| Listed by RE/MAX Suburban | |||
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Welcome to 276 Monarch Lane in Volo! This Active Adult Community offers this fabulous ranch home with 2 bedrooms, 2 bathrooms, 2 car garage & beautiful custom patio features neutral colors & natural light throughout and luxury vinyl plank floors in study, kitchen, dining/family room and heated sunroom! The study is perfect as a possible home office or future 3rd bedroom! The kitchen has abundant maple cabinets & upgraded countertops, tile backsplash, all stainless-steel appliances, a moveable island and closet pantry! Dining/Family room combo has vaulted ceilings, blinds and ceiling fan with light! Heated sunroom leads to slider out to patio and firepit! Master bedroom has neutral carpet, huge walk-in closet and attached master bathroom with standup shower, brushed nickel fixtures & maple vanity! 2nd bedroom has neutral carpet & large closet! 2nd full bathroom has shower/tub combo, brushed nickel fixtures & maple vanity! 200 Amp electrical! Central A/C! Efficient gas forced air furnace! Central humidifier! Additional garage storage! Community clubhouse with gym, Bocci and Pickleball courts, a park and walking path! Nearby shopping, restaurants, transportation & recreation! A true must see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017