31 Locust 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 |
|---|---|---|---|
| Dec 18, 2017 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $749,999 | |
| Listed | |||
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Fall back in love with this split level home that provides easy living enjoyment complete with deck and in-ground pool! Open floor plan with an abundance of space, including 4 bedrooms, MEIK and an inviting Living Room/Dining area that is a perfect backdrop for family/company gatherings. Imagine entertaining poolside in your own private backyard retreat. The lower level has a recreation room with electric fireplace, but you can adapt it to whatever suits your lifestyle. 2-car garage, Central Air conditioning. Great location, steps from the Bronxville border. New A/C compressor in 2016, New furnace in 2015. In-ground pool maintained by Aqua-Tech Recreation, Inc.The manager has listed the unit size as 2700 square feet.
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| Apr 12, 2017 | Listed by Park Sterling Realty | $749,999 | |
| Listed by Park Sterling Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017