3908 Lay 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 |
|---|---|---|---|
| Jul 29, 2022 | Sold | ||
| Sold | |||
| Jun 17, 2022 | Listed by BHHS Central Illinois REALTORS | $490,000 | |
| Listed by BHHS Central Illinois REALTORS | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jul 16, 2018 | Listed | $392,000 | |
| Listed | |||
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Amazing Ranch, only 4 years old, almost compete finished basement with bar with granite counter top, and additional bedrooms, and full bath. Kitchen feature a matted granite counter top, tiled back splash, wood floors, eat in area that overlooks the In Ground Salt Water Pool surrounded by a huge cement patio with built in bar area. Partial covered patio. Family room is 2 story and features a state of the art gas fireplace. Backs to a large empty lot. All pool accessories remain and you can feel like you are on vacation all summer long! A great home to entertain friends and family both in the basement area and the outdoor pool area.! The manager has listed the unit size as 3800 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017