507 West 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 |
|---|---|---|---|
| Mar 12, 2021 | Sold | ||
| Sold | |||
| Feb 8, 2021 | No longer available | - | |
| No longer available | |||
| Jan 22, 2021 | Listed by Keller Williams Elite | $199,000 | |
| Listed by Keller Williams Elite | |||
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Don't miss out on this stunning remodeled home. Come see the new kitchen with custom cabinets and all new stainless steel appliances. Kitchen has been updated with new granite countertops, fixtures and farmhouse sink. All new flooring has been added throughout the entire home. The interior has all new fixtures and ceiling fans. This home is nestled on a large lot with no back neighbors. And you will also enjoy the big backyard and you will have plenty of space for your boat or RV under the covered carport on the side of the garage. Come fall in love with this charming home Today!
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| Jan 10, 2021 | Relisted | $205,000 | |
| Relisted | |||
| Jan 9, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017