44300 Anderson Lane
About This Property
Several of the home's major systems and improvements have already been completed, including a new septic system (2025), a new furnace (2025), a new water heater (2025), a new well computer/control system (2026), and a newer roof (2023).
The home is functional for living but still offers an opportunity for the next owner to complete the remaining cosmetic and finishing touches to their own taste, including flooring and other interior projects.
The property offers plenty of outdoor space for animals, toys, gardening, RVs, or simply enjoying the privacy and open surroundings.
The property is also served by its own private well, eliminating the need for a monthly water utility bill.
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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 |
|---|---|---|---|
| Oct 16, 2026 | Price Decreased |
$285,000
↓ $30K
(9.5%) | |
| Price Decreased | |||
| Aug 21, 2026 | Price Decreased |
$315,000
↓ $10K
(3%) | |
| Price Decreased | |||
| Jul 16, 2026 | Listed by Modha Realty, Inc | $324,750 | |
| Listed by Modha Realty, Inc | |||
| Nov 1, 2024 | Sold | ||
| Sold | |||
| Oct 13, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017