Lot 3 Torrey Lane #20
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 |
|---|---|---|---|
| Dec 26, 2018 | Sold | ||
| Sold | |||
| May 21, 2018 | Listed by For Sale For Owner Realty | $399,900 | |
| Listed by For Sale For Owner Realty | |||
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4 New Duplex Condominium Lots at the end of Torrey Lane, Road Construction will start in April. Two units will be 1767 SF with single car garage Four Units are 1849 S.F.with 2 car attached Garage. Two units are 2068 SF with 2 Car Attached garage and first floor master. All will have Hardwood through out the first level, Gas fireplace, appliance and lighting package, 2.5 tile baths, Laundry on second level, 3 Bedrooms, crown, chair-rail, picture frame moldings. Beautiful private area on Cul-de-sac close to the highway. Call Listing agent for plans and specifications. This unit has a walkout basement. Association Fee will be determined with the amount of services.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017