5 Scarlet Lane
About This Property
Living room, dining room, eatin kitchen, family room, laundry room and powder room all on the first floor. Upstairs boasts beautiful master bedrooms with master bathroom and large closet. 3 additional bedrooms and full bathroom. Did you say STAYCATION? This backyard has a beautiful inground pool, deck and grass yard for additional fun. Beautiful fence and shed for additional storage. 2 zone central A/C and Gas heat.
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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 21, 2024 | Sold | ||
| Sold | |||
| Mar 16, 2024 | Listed by DeFelice Realty Group, LLC | $585,000 | |
| Listed by DeFelice Realty Group, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017