39W272 Armstrong 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 |
|---|---|---|---|
| Jan 2, 2025 | Sold | ||
| Sold | |||
| Jan 1, 2025 | Listed by Realty Executives Advance | $489,900 | |
| Listed by Realty Executives Advance | |||
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Come see your next home! As you walk in you will be greeted by a grand foyer that leads into a family room, half bath, and massive kitchen and living room. Right off the main living space is a private deck that is perfect for entertaining or grilling out on those warm summer nights. Upstairs you will find 3 sizable bedrooms with a loft space that has it's own Juliette balcony...which can easily be converted into a fourth bedroom or kept as a study/office space. The master bedroom boasts a huge walk in closet and private on-suite bathroom. Downstairs is an extensive finished basement with a luxurious full bath, storage space, and wet bar. New water/scratch resistant laminate wood floors throughout the main and basement floors, new carpet upstairs, and the entire home has been freshly painted. Very low HOA that covers lawn care and snow removal!! Best part is you have a beautiful view of the golf course right from your front porch! Schedule a showing before it's too late!!
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| Aug 9, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Dec 26, 2023 | Listed by Realty Executives Advance | $489,900 | |
| Listed by Realty Executives Advance | |||
| Dec 23, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017