3 Fern Lane
About This Property
Strathmore Colonial. Large corner lot &
Cul-de-sac location. Great curb appeal.
New vinyl & Cedar Impression siding.
New windows, new roof, new garage doors.
Large covered front porch. Oversized
Kitchen opens to the Dining room addition with skylights, wonderful windows overlooking the rear yard & sliders to the paver patio. Living room
with gas fireplace & french doors. First floor is perfect for entertaining - very bright, open & airy! Yard is private & fenced with new vinyl fencing. Master bedroom w/walk-in closet & full bath. Great commuter location close to NYC bus & train.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 30, 2015 | Sold | ||
| Sold | |||
| Aug 3, 2015 | Listed by Heritage House Sotheby's International Realty | $429,900 | |
| Listed by Heritage House Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017