48 Equestrian Lane
About This Property
Step inside this magnificent estate, and you'll be greeted by an exquisite grand foyer that sets the tone for the entire residence. The generously proportioned living spaces exude an air of refined elegance, perfect for hosting grand gatherings or intimate soirees with loved ones.
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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 |
|---|---|---|---|
| Mar 20, 2024 | Sold | ||
| Sold | |||
| Jan 26, 2024 | In contract | - | |
| In contract | |||
| Jan 9, 2024 | Price Decreased |
$675,000
↓ $15K
(2.2%) | |
| Price Decreased | |||
| Dec 27, 2023 | Relisted | $689,900 | |
| Relisted | |||
| Dec 26, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017