1
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38 Restful 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%.
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 |
|---|---|---|---|
| May 17, 2013 | Sold | ||
| Sold | |||
| Mar 8, 2013 | Sold | ||
| Sold | |||
| Oct 14, 2009 | Sold | ||
| Sold | |||
| Jul 14, 2009 | Listed by LAER Realty Partners | $215,000 | |
| Listed by LAER Realty Partners | |||
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This Sellers loss is your gain! We are offering a well maintained, renovated 3 bedroom raised ranch with a large fenced yard and a newer septic system for $175,000 pending lenders approval.Large family room and a walk out basement.Close to restaurants, shopping, highways and bridges. Short stroll to the fully recreational Glen Charlie pond and the neighborhood park. Launch your boat from the boat ramp or grab your beach bag and flip flops to relax on the sandy beach!
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| Nov 5, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017