384 Hannah 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 |
|---|---|---|---|
| Feb 12, 2025 | Sold | ||
| Sold | |||
| Jan 12, 2025 | In contract | - | |
| In contract | |||
| Dec 21, 2024 | Listed by TBT Real Estate | $245,000 | |
| Listed by TBT Real Estate | |||
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This charming 3-bedroom, 2-bathroom home features a functional and comfortable layout. The kitchen is a standout with a 5-burner gas range stove, ideal for home chefs. The dishwasher, only 2-3 years old, and the brand-new microwave (2024) offer convenience and efficiency. The water heater, updated in 2023, ensures reliable hot water. The home is wired for an alarm system, providing peace of mind. Additionally, the property boasts PEX plumbing, a more durable and reliable system. The garage includes a well-maintained door with a spring replaced in 2017. This home is ready for comfortable living with thoughtful updates throughout.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017