3701 Varsity Lane
About This Property
Recent updates include new carpet throughout all bedrooms (June 2025), fresh paint in several areas, a new microwave (May 2025), and a water heater replaced in October 2024. The kitchen and bathrooms are finished with granite countertops, offering both durability and style.
Step outside to enjoy a spacious backyard complete with a wooden deck and a thoughtfully split yard-ideal for pets, play areas, or gardening zones. A great blend of comfort and convenience, this home is ready for its next chapter!
Property has been operating as an AirBnb since November.
Majority of the furniture in the house could be negotiated or potentially sold separately upon closing. *Some pics are from 2025 Listing*
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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 | |||
| Apr 5, 2026 | In contract | - | |
| In contract | |||
| Mar 29, 2026 | Listed by RE/MAX Big Country | $249,900 | |
| Listed by RE/MAX Big Country | |||
| Jan 1, 2026 | No longer available | - | |
| No longer available | |||
| Oct 10, 2025 | Withdrawn | - | |
| Withdrawn | |||
Property Highlights
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About Abilene
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017