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355 Ellen Ln
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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 |
|---|---|---|---|
| Jul 22, 2026 | Sold | ||
| Sold | |||
| Jun 2, 2026 | In contract | - | |
| In contract | |||
| Aug 2, 2023 | Sold | ||
| Sold | |||
| Jun 6, 2023 | In contract | - | |
| In contract | |||
| May 16, 2023 | Listed by Coldwell Banker, Wayne | $609,000 | |
| Listed by Coldwell Banker, Wayne | |||
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Welcome to 355 Ellen Lane! This spacious and sunny 3-bedroom, 2/1 bath end unit in Stratton Meadows is a must-see. The living room showcases floor-to-ceiling windows, while the kitchen boasts a center island with granite countertops and S/S appliances. Enjoy new flooring, a tankless water heater, and a family room with a gas fireplace. Step outside to a private fenced patio with new paving stones, and there's even a balcony off the master bedroom. The master bedroom offers double walk-in closets and a private bath with a double vanity. It's also the largest model available and includes an impressive 2-car garage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017