4 Michael 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 17, 2019 | Sold | ||
| Sold | |||
| Jun 24, 2018 | Listed by Compass | $1,299,000 | |
| Listed by Compass | |||
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Sophisticated OPEN FLOOR PLAN. Priced below assessment! Coveted Willis Hills Estates, on private cul-de-sac overlooking conservation land. Elegant and charming home w/ every amenity! Acre of lush manicured land in a family neighborhood. 1st floor gourmet eat-in kitchen, stainless/granite with Bosch appliances, open to large cathedral fmly rm w/ gas fireplace, entertainment system and skylights, formal liv rm w/ fp, banquet dining rm, study/ office, half bath and lndry rm. 2nd floor has 5 bdrms all on one floor, luxurious Master w/ sitting area, walk in closet, spa bath w/ double vanity, jetted tub/stall shower, plus 4 family bedrooms, 3 ensuite. Walkout lower w/, french doors to yard, playroom rm, exercise rm, media rm w/ gas fp, kitchenette, bedroom w/ full bath, for in-law or au pair. Screened porch, deck over garden, irrigation system, high ceilings and decor lights. Updates new roof, hdwd floors, efficiency 3 zone HVAC, steam laundry units, Rinnai tankless hot water. Great value!
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| Aug 21, 2015 | Sold | ||
| Sold | |||
| Jun 1, 2015 | Listed by Town and Country Properties | $1,365,000 | |
| Listed by Town and Country Properties | |||
| Jun 30, 2000 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017