3217 Oak Lane
About This Property
But that's not all! For those who need extra space for hobbies, projects, or simply extra storage, you'll love the impressive 30x30 workshop with electricity. Whether you're a car enthusiast, a DIYer, or just in need of a versatile space, this workshop is ready to accommodate your needs.
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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 |
|---|---|---|---|
| Sep 20, 2024 | Sold | ||
| Sold | |||
| Aug 26, 2024 | In contract | - | |
| In contract | |||
| Aug 16, 2024 | Listed by eXp Realty, LLC | $350,000 | |
| Listed by eXp Realty, LLC | |||
| May 28, 2024 | Sold | ||
| Sold | |||
| Mar 10, 2024 | Listed by Home Grown Group Realty, LLC | $380,000 | |
| Listed by Home Grown Group Realty, LLC | |||
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Come and see this fantastic 3 Bedroom 2 Bath home with a 30x30 Shop with electricity situated on over half an acre. This home features an outdoor kitchen patio area, metal gates that are located on each side of the house for easy access with large trailers. The home is outside of city limits so you have lower property taxes. The Shop is built to run a business and includes a 220 receptacle, a 12 foot roll up door, and lots of extra parking areas for trailers and tools. This home is ideal for someone looking to own and operate a small business.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017