3207 Rotan 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 |
|---|---|---|---|
| Aug 5, 2021 | Sold | ||
| Sold | |||
| Jun 28, 2021 | Listed by Redfin Corporation | $530,000 | |
| Listed by Redfin Corporation | |||
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Truly a MUST SEE! Beautifully updated home with highly maintained features including hand-scraped hardwood floors. Gourmet eat-in kitchen features granite countertops, double ovens and stainless steel backsplash. Grand primary suite comes with 2 walk-in closets and an updated master bath with an oval tub, luxurious glass shower, and dual decor sinks. 1500 gallon landscaped pond and a custom outdoor kitchen complete with pergola, fridge, and gas grill, which was converted from a gas line to propane tank gas. Removable child safety fence custom fitted around sparkling pool and serene pond. Mature trees (oak, magnolia and palm trees) with amazing professional landscaping and peaceful waterfall.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017