3 Rick 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 |
|---|---|---|---|
| Mar 24, 2020 | Sold | ||
| Sold | |||
| Oct 22, 2019 | In contract | - | |
| In contract | |||
| May 17, 2019 | No longer available | - | |
| No longer available | |||
| May 13, 2019 | Listed by William Raveis-New York LLC | $485,000 | |
| Listed by William Raveis-New York LLC | |||
| Feb 21, 2019 | Listed by Coldwell Banker Res Brokerage | $499,999 | |
| Listed by Coldwell Banker Res Brokerage | |||
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Embrace the tranquility of this fabulous contemporary raised ranch. With protected land to the back, it is the perfect spot for hikers and nature lovers alike. Within walking distance of Sycamore Park, you can enjoy various activities throughout the year. The arch windows will captivate you and the home’s warm light paint tones are the perfect accent while keeping the home cozy through any season. This 3 bedroom home which lives like a 4 bedroom, boasts hardwood floors, separate laundry room, mudroom and a 2 car garage. The Master bedroom suite with catheral ceiling and large walk in closet is complete with a jacuzzi and separate shower. The lower level offers two rooms, bedroom/office -you decide. Located in the Mahopac school district this home provides abundant space for entertaining both indoors and out. The private backyard has plenty of space for a nice bbq or relax with a cup of coffee on the Trex deck. Not in the mood to cook, there are plenty of local eateries in downtown Mahopac. The only thing missing is you! Taxes do not reflect Star exemption of $1094.61. The manager has listed the unit size as 2326 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017