3077 Phoebe Lane
About This Property
Step inside this architectural masterpiece and be greeted by floor-to-ceiling windows that flood the space with natural light and offer breathtaking views of the surrounding nature. The open concept living area allows for entertaining, with a sleek gourmet kitchen featuring top-of-the-line appliances and a spacious dining area.
Retreat to the Primary suite complete with a luxurious en-suite bathroom, walk-in closet, and balcony overlooking the lush landscape. An additional bedroom offers plenty of space for guests or family members, with its own unique views of the peaceful surroundings.
The outdoor spaces are just as impressive as the interior, with multiple decks for al fresco dining or simply relaxing.
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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 |
|---|---|---|---|
| Jul 16, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 12, 2025 | Price Decreased |
$595,000
↓ $260K
(30.4%) | |
| Price Decreased | |||
| Jul 12, 2025 | In contract | - | |
| In contract | |||
| Apr 16, 2025 | Price Decreased |
$855,000
↓ $35K
(3.9%) | |
| Price Decreased | |||
| Feb 10, 2025 | Listed by Allen Tate Blowing Rock | $890,000 | |
| Listed by Allen Tate Blowing Rock | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017