402 Lookout Lane
About This Property
Picture perfect home ready for your personal touches! Over 50k in recent updates! New roof, fresh paint inside and out, and all new flooring. Two inch blinds throughout. Sprawling one story, corner lot, with large yard in a quiet subdivision. Mature shady trees don't block the ample natural light that's abundant in this home! Flowing open floor plan - formal living and dining in the front of the home, followed by kitchen and living room punctuated by a cozy gas log fireplace in the rear. Formal dining would make the perfect home office retrofit for the modern family! Island kitchen with granite countertops, subway back splash, ceramic tile floors. Pictured stainless appliances included! Primary ensuite bathroom features two generous closets and oversized shower! Perfect for a first time buyer or those wanting a turnkey home with minimal maintenance! This property has been well cared for and ready for immediate move in!
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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 18, 2024 | Sold | ||
| Sold | |||
| Dec 16, 2023 | In contract | - | |
| In contract | |||
| Nov 30, 2023 | Listed by RE/MAX Signature | $348,000 | |
| Listed by RE/MAX Signature | |||
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OPEN HOUSE CANCELED 12/10. OFFER ACCEPTED.
Picture perfect home ready for your personal touches! Over 50k in recent updates! New roof, fresh paint inside and out, and all new flooring. Two inch blinds throughout. Sprawling one story, corner lot, with large yard in a quiet subdivision. Mature shady trees don't block the ample natural light that's abundant in this home! Flowing open floor plan - formal living and dining in the front of the home, followed by kitchen and living room punctuated by a cozy gas log fireplace in the rear. Formal dining would make the perfect home office retrofit for the modern family! Island kitchen with granite countertops, subway back splash, ceramic tile floors. Pictured stainless appliances included! Primary ensuite bathroom features two generous closets and oversized shower! Perfect for a first time buyer or those wanting a turnkey home with minimal maintenance! This property has been well cared for and ready for immediate move in!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017