407 CRANBERRY LANE
About This Property
Throughout the home, luxury vinyl flooring is complemented by oversized moldings, elevating the overall aesthetic. The completely renovated bathrooms feature designer vanities, intricate tile work, stylish faucets, and new toilets. The primary suite is a true retreat, boasting a spa-like walk-in shower with decorative tile, a chic vanity, and premium finishes. Beyond the impeccable interior, this home offers an expansive sideyard and backyard, perfect for entertaining, gardening, or even adding a pool. A spacious storage unit in the back provides ample room for extra belongings, making organization effortless. Over $100,000 in upgrades: Brand-new windows, interior & exterior doors, Ceiling fans & recessed lighting, New water heater & updated electrical panel, newly installed gutters & garage door, HVAC system (only 3 years old!), Roof replaced just 2 years ago! This home is a rare gem-offering elegance, comfort, and modern upgrades in a prime location. Move-in ready and designed for effortless living, this is the dream home you've been waiting for! Schedule your showing today!
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 29, 2025 | Sold | ||
| Sold | |||
| Apr 8, 2025 | In contract | - | |
| In contract | |||
| Apr 1, 2025 | Price Decreased |
$419,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Mar 11, 2025 | Price Decreased |
$429,000
↓ $16K
(3.6%) | |
| Price Decreased | |||
| Feb 5, 2025 | Listed by IMPACT REALTY TAMPA BAY | $445,000 | |
| Listed by IMPACT REALTY TAMPA BAY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017