2903 Preston Lane
About This Property
The Perfect Home Awaits Its New Family!
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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 |
|---|---|---|---|
| Dec 22, 2025 | Sold | ||
| Sold | |||
| Oct 22, 2025 | In contract | - | |
| In contract | |||
| Oct 8, 2025 | Listed by Signature Premier Properties | $999,000 | |
| Listed by Signature Premier Properties | |||
| Apr 13, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Apr 3, 2025 | Listed by Douglas Elliman Real Estate | $989,000 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
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Updated South Merrick Splanch, 4 Bedroom, 2.5 Bathroom. Fabulous Landscaping, Large Home Office/ Bonus Den, Wainscoting Throughout The House, Hard Wood Floors, Radiant Heat On The First Floor & Upstairs Bathroom. New Roof, New A/C, New Hot Water Heater. Prime Mid Block Location With New Heated Semi In Ground Pool. Around The Corner From Julian Lane Park!
The Perfect Home Awaits Its New Family!
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017