3 Virgo Ln
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 |
|---|---|---|---|
| Feb 12, 2025 | Sold | ||
| Sold | |||
| Jan 7, 2025 | In contract | - | |
| In contract | |||
| Dec 31, 2024 | Listed by LAER Realty Partners | $435,000 | |
| Listed by LAER Realty Partners | |||
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Welcome to this beautifully maintained ranch, located in the southeast quadrant of the much sought after Timberlee Park proper. This home has had just one owner and is located in a small, established neighborhood on a double cul-de-sac with just seventeen homes. The lot is level, with an incline to the very rear of said property and has a fabulous yard for kids, pets or entertaining. There is a double storage garage to the rear of the primary, oversized two car garage, with its separate entrance. The garage has a Modine heater, 200 amp electrical panel. The roof, vinyl siding and windows were updated in 2007 and are well maintained. There is a covered area from garage to kitchen for those inclement days and a covered porch to the front of the home. The fireplaced livingroom is the perfect place to retreat from the chilly New England weather. This cozy house is just waiting to welcome you home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017