3542 Derby 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.
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 |
|---|---|---|---|
| Jan 24, 2024 | Sold | ||
| Sold | |||
| Jan 22, 2024 | Listed by Premier Property Collection | $5,250,000 | |
| Listed by Premier Property Collection | |||
| Aug 21, 2022 | Listed | $5,475,000 | |
| Listed | |||
| | |||
|
Highly renovated estate on a private 58,000 SF cul-de-sac lot w/ endless water views in prestigious Windmill Ranch Estates. New travertine circular driveway, 4 car garage & porte cochere welcomes you! Smart home w/ brand new roof, impact glass windows & doors, marble floors & custom millwork throughout. 5 bedrooms, 6 1/2 baths, master suite w/ large walk-in closets, master bath w/ spa & sauna. New chef's kitchen w/ top of the line Viking appliances - Viking 60" gas range, Sub Zero refrigerator. Formal living room w/ wet bar, fireplace, volume ceilings & picture window displaying endless water & sunset views.
Resort style backyard w/ heated pool & spa, extensive new travertine pavers & summer kitchen. Sold fully furnished for list price excluding grandfather clock, piano, 2 area rugs.
| |||
| Aug 19, 2021 | Sold | ||
| Sold | |||
| Mar 21, 2021 | Listed by Premier Property Collection | $2,899,000 | |
| Listed by Premier Property Collection | |||
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About Windmill Ranch Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017