318 Ash Trace Lane
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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 |
|---|---|---|---|
| Apr 10, 2024 | Sold | ||
| Sold | |||
| Mar 9, 2024 | Listed by Peachtree Property Residential, LLC | $384,999 | |
| Listed by Peachtree Property Residential, LLC | |||
| | |||
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Welcome home!! This home has just been meticulously remodeled with every feature taken into account. You will love so much, from the freshly overseeded lawn just in time for spring, to the beautiful curtains that are staying with the house. The modern kitchen is spacious and full of light, ready for elaborate meals while hosting or the easy night in. All of this while still being in a school district that is among the best in the entire country. If you are looking for a move in ready, affordable home, you found it.
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| Jun 2, 2023 | Sold | ||
| Sold | |||
| Jun 23, 1998 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017