2855 Davis Lane
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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 |
|---|---|---|---|
| Jun 18, 2024 | Sold | ||
| Sold | |||
| May 9, 2024 | In contract | - | |
| In contract | |||
| Apr 23, 2024 | Price Decreased |
$309,000
↓ $19K
(5.7%) | |
| Price Decreased | |||
| Mar 21, 2024 | Listed by RE/MAX Aerospace Realty | $327,500 | |
| Listed by RE/MAX Aerospace Realty | |||
| | |||
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Bonus - seller willing to give $5,000 toward closing costs. Step into this inviting haven where comfort meets functionality. This three bedroom, two bath home exudes warm and charm from the moment you arrive. Inside, two spacious living areas offer versatility for relaxation and entertainment, seamlessly connected to a modern kitchen perfect for gatherings. Step outside onto the large back porch, where a sprawling space invites you to unwind and soak in the serene surroundings. Whether you're savoring your morning coffee or enjoying al fresco dining this outdoor haven is sure to become your favorite retreat. Conveniently located close to schools, parks, shopping and dining, this home offers the perfect balance of tranquility and accessibility. Don't miss your chance to make it your today!
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| Aug 23, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017