38 Queens Lane
About This Property
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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%.
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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 |
|---|---|---|---|
| May 5, 2023 | Sold | ||
| Sold | |||
| Mar 15, 2023 | Listed by EXP Realty | $119,900 | |
| Listed by EXP Realty | |||
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Welcome to 38 Queens Lane located on the Suncook River this private, pet friendly, wooded setting is within a 55 + community in Kings Towne mobile home park. It is a 1974 mobile home that has been recently remodeled with all stainless steel appliances and wood plank flooring throughout. Features an open concept sun-filled kitchen/living room with a primary bedroom and bath on one side and two other bedrooms and bath on the other for plenty of privacy. There is a paved driveway with parking for two cars. Why pay someone else’s mortgage when you can invest in your own future. You will love the full deck and the all-enclosed glass sitting area over looking the meandering river. In the front you have a bonus family room for additional relaxation or office space. The river is easily accessible for kayaking, fishing or just sitting on the beach watching all the wildlife. The park's community clubhouse has been completely remodeled with a pool table, modern kitchen and wrap around deck that can be easily reserved for gatherings and parties. Come take a look at this move in ready home.
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| Feb 15, 2022 | Sold | ||
| Sold | |||
| Jan 10, 2022 | Listed by EXP Realty | $79,900 | |
| Listed by EXP Realty | |||
| Aug 21, 2009 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017