305 Lotus 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 14, 2024 | Sold | ||
| Sold | |||
| Oct 30, 2023 | Listed by Platinum Key Realty of Georgia, LLC. | $607,900 | |
| Listed by Platinum Key Realty of Georgia, LLC. | |||
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The Newport Plan features 5 bedrooms/ 4.5 baths and a three-car garage. On the main level are a formal living room, dining room, 2 story family room w/coffered ceilings, kitchen cabinets w/granite counter tops, tile backsplash, large kitchen island, pantry, gourmet stainless appliances, hardwood floors, a half bath, and a bedroom with a full bath. Stairs w/ oak handrails with wrought iron spindles lead upstairs. 2nd floor features an enormous primary suite w/ a sitting room, three secondary bedrooms, and two full baths. ***ALL PHOTOS ARE STOCK PHOTOS***
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017