4309 Park Lane
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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 31, 2024 | Sold | ||
| Sold | |||
| Jul 15, 2024 | In contract | - | |
| In contract | |||
| Jul 1, 2024 | Listed by Allie Beth Allman & Assoc. | $2,995,000 | |
| Listed by Allie Beth Allman & Assoc. | |||
| Feb 28, 2024 | No longer available | - | |
| No longer available | |||
| Jan 29, 2024 | Listed by Allie Beth Allman and Associates | $3,450,000 | |
| Listed by Allie Beth Allman and Associates | |||
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Incredible opportunity to own a single-story family home in Preston Hollow. This home features 4 bedrooms, 3.1 baths, and 2 fireplaces, all within 4,791 square feet of elegant living space. The chef's kitchen seamlessly flows into a spacious den, offering stunning views of the backyard oasis through ample windows. The primary suite is generously sized, with a seating area, walk-in closets, and separate entry to the backyard. Enjoy seamless indoor-outdoor living with a covered outdoor living space, built-in grill, fireplace, and pool. Perfect for hosting gatherings or enjoying quality time with loved ones. The manager has listed the unit size as 4791 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017