5 Michael Lane
About This Property
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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 |
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| Jul 29, 2016 | Sold | ||
| Sold | |||
| Jun 2, 2016 | Listed by Keller Williams Realty Signature Properties | $425,000 | |
| Listed by Keller Williams Realty Signature Properties | |||
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Welcome to Michael Lane. This beautiful contemporary style home is located in a sought after neighborhood. Large center island kitchen with tile flooring and sliders that lead to the deck. Tiled entry way opens to the family room with oversized windows, skylights and hard wood floors. Living room with recessed lighting and wood burning fireplace. Other highlights include, Newer roof, 2 full baths, central air, finished lower level with a game room and private office. Enjoy your morning coffee sitting in the 3 season room overlooking the maintained grounds. Don't miss the opportunity to call this one your home. Open House Sunday 1-3pm
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| Apr 29, 2011 | Sold | ||
| Sold | |||
| Nov 22, 2010 | Listed by Conway - Canton | $365,000 | |
| Listed by Conway - Canton | |||
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LOCATION,LOCATION,! BEAUTIFUL SPACIOUS HOME IN MOST DESIREABLE NEIGHBORHOOD.... TASTEFUL DECOR, FABULOUS KITCHEN FOR ENTERTAINING, FIREPLACED FAMILY ROOM, PLUS SUN ROOM, 2-ROOM FIN.BSMT., CENTRAL AIR, BEAUTIFUL LANDSCAPED,FENCED YARD.! PRICED BETTER THAN RIGHT! SELLERS RELOCATING!! :DON'T MISS OUT ON THIS ONE!!!
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| Jun 8, 2010 | Listed by Keller Williams Realty Signature Properties | $397,000 | |
| Listed by Keller Williams Realty Signature Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017