4 Allen Ln
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 |
|---|---|---|---|
| Oct 21, 2025 | Sold | ||
| Sold | |||
| Sep 9, 2025 | In contract | - | |
| In contract | |||
| Sep 3, 2025 | Price Decreased |
$629,000
↓ $27K
(4.1%) | |
| Price Decreased | |||
| Aug 27, 2025 | Price Decreased |
$656,000
↓ $6K
(0.9%) | |
| Price Decreased | |||
| Aug 12, 2025 | Listed by Keller Williams Realty Evolution | $661,900 | |
| Listed by Keller Williams Realty Evolution | |||
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OH 9/7 - NOON TO 2 PM...Great opportunity for starter home/downsize in desirable Pinefield neighborhood near Marini Farms/Willowdale Forest. Single level living Ranch w/3 BRs, 1 full BA w/half bath in Main BR. Open concept floor plan for dining and living room. TV wall mount in livingroom remains for full screen viewing; inset bookcase/shelving on either side. Owner has upgraded the property recently w/roof replacement/gutters-- 2023, new Weil-Mclain boiler, new kitchen appliances (July '25) plus new carpet BR#3 (July '25). Lighted ceiling fans in all 3 bedrooms w/window mounted AC units. Patio to rear. Attached single car garage w/access from interior. Convenient to major travel routes. New owner is eligible to access Crane beach w/resident beach sticker--$20/yr. Play gym photo is community playground. Weekly rash pickup; big ticket items have been taken care of w/warranties for roof/3 new appliances. Ipswich is a premier coastal community on the North Shore. Come see for yourself.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017