3208 Locke Lane
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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%.
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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.
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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 |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| Apr 26, 2024 | In contract | - | |
| In contract | |||
| Apr 22, 2024 | Listed by C & K Properties | $2,975,000 | |
| Listed by C & K Properties | |||
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Beautiful traditional 4 bedroom River Oaks home with fantastic floor plan. Home features formal living and dining rooms. Dining opens to kitchen through butler's pantry with ample storage. Living room connects to family room through wet bar. Kitchen features double ovens, Sub-Zero Fridge, walk-in pantry and opens to breakfast area and family room. Large family room with fireplace and built ins. French doors open to the backyard. Large covered patio with fireplace and recently turfed backyard, perfect for entertaining. Primary bedroom located in the front of the home. Primary bath features double vanities, large shower and his and her walk-in closets. Three additional secondary bedrooms all with updated en-suite bathrooms. A study is also located on the second story and could function as a playroom. Detached garage apartment with full bath could be the fifth bedroom. Hardwoods throughout, two stair-cases, tall ceilings, three fireplaces. Do not miss this rare home. *all info per seller
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| Jun 28, 2021 | Sold | ||
| Sold | |||
| Apr 27, 2021 | Listed by Compass RE Texas, LLC | $2,825,000 | |
| Listed by Compass RE Texas, LLC | |||
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This sophisticated and elegant brick River Oaks home with a gracious and functional floorplan has been extensively updated by the current owners. The arched front door opens into the formal entry with stairs to the second level and access to all living areas. The living room with a fireplace and paneled wet bar access is opposite the formal dining room with Butler’s Pantry access. The family room, with a fireplace, built-ins and views and access to the back yard, is open to the breakfast room and the island kitchen. The kitchen is light and bright with recent appliances and slab marble counters and backsplash. The utility room off the kitchen has a built-in wine cooler and silver closet. Upstairs to primary bedroom suite and a study with built-ins. Three additional bedrooms up. All baths in house have been recently updated. Detached two car garage with stairs to home office/guest house above. Fenced backyard with grass and a covered loggia with a fireplace. A fine home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017