2807 LONGVALE 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 |
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| Jan 2, 2020 | Sold | ||
| Sold | |||
| May 8, 2019 | Listed by Karen Whitlock Realty | $295,000 | |
| Listed by Karen Whitlock Realty | |||
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SURROUNDED BY BIG MATURE TREES, VERY PRIVATE, AT ONE TIME HAD A 365 VIEW BUT TREES HAS TOOK SOME AWAY..THIS OLDER HOME WAS BUILT BY LOCAL BUILDER AS HIS PERSONAL RESIDENCE, ODD FLOOR PLAN, I'VE USED IT AS A MONTHLY RENTAL..PEOPLE STAYED FOR YEARS THERE CAUSE OF THE SETTING, IT'S A 5 MINUTE DRIVE TO PF PARKWAY, YET REALLY REALLY NEAT SETTING...I'VE UPDATED SO MUCH OF THIS IN THE LAST COUPLE OF YEARS...BEEN VACANT ABOUT 3 YEARS WHILE I WORKED ON IT TRYING TO DECIDE WHAT I WAS GONNA DO WITH IT..HAS A HUGE SCREEN PORCH, MOTHER NATURE IS SO ABUNDANT HERE..IT'S THE SETTING THAT GOT ME TO BUY IT...CAN BE A TWO FAMILY HOUSE..(USE TO BE APPLIANCES ON FIRST LEVEL & CABINETS BUT I TOOK THEM OUT) .IT'S JUST BEEN PAINTED INSIDE & OUT, VERY EXPENSIVE DRIVEWAY JUST PAVED, NEW WINDOWS, ROOF, CHIMNEY CAP WAS DONE A FEW YEARS AGO, TWO HEAT/AIR UNITS FOR BOTH LEVELS, NEW STEPS JUST PUT IN, JUST UPDATED ALL THE ELECTRICITY EVEN THE PLUG INS & NEW BOX, UNDERGROUND WIRING, NEW LARGE TILE SHOWER, NEW WALK IN CLOSET, ALL WOOD REPLACED ON DECK, HOUSE THAT BUILDER THOUGHT NEEDED IT...PRO. TREE GUY CAME & TOOK DOWN BIG TREES AROUND HOUSE THAT HE FELT NEEDED IT & SEVERAL OF THE REALLY BIG ONES HE SAID WERE FINE..SO YOU GET TO REALLY ENJOY THE WOODS , CAN EVEN HEAR ROOSTER CROWING SOMEWHERE AROUND YOU...IT'S JUST A OLDER HOUSE BUILT IN 70'S BUT IT'S EFFECTIVE AGE IS MUCH MORE RECENT....GARAGE IS OVERSIZED...NEW GARAGE DOORS/MOTORS ARE BEING ADDED..COULD BE A RENTAL POSSIBLY COULD SLEEP A LOT AND & I ALSO HAD SEPT PERMIT FOR 2- 1 BDR HOUSES THAT HAVE EXPIRED BUT COULD BE RENEWED ON LEFT SIDE OF DRIVEWAY GOING UP TO HOUSE & I THINK THE LAND ON THE RIGHT SIDE HAS ROOM TO HOLD A HOUSE OR TWO POSSIBLY...
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| Jun 1, 2016 | Listed by Karen Whitlock Realty | $239,900 | |
| Listed by Karen Whitlock Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017