400 Faye 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 |
|---|---|---|---|
| Jun 1, 2023 | Sold | ||
| Sold | |||
| Mar 23, 2023 | Listed by Fathom Realty | $280,000 | |
| Listed by Fathom Realty | |||
| Aug 27, 2019 | No longer available | - | |
| No longer available | |||
| May 3, 2019 | Listed | $225,000 | |
| Listed | |||
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On the outskirts of Springtown turn down Faye Lane and find a friendly cul du sac with 12 homes just waiting for you. This large one story on 2+ acres has all the room you could ask for. Garage has been converted to second living space but can easily be converted back to two car garage. Property has fruit trees galore, lots of deer and a stock pond. Lots of potential so you can make your dreams come dream. Home is being sold as is. Adjacent property also for sale with additional stock pond and fruit trees. The manager has listed the unit size as 2313 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017