51 Galloway Lane
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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 |
|---|---|---|---|
| Jun 3, 2024 | Sold | ||
| Sold | |||
| Feb 1, 2024 | In contract | - | |
| In contract | |||
| Jan 26, 2024 | Listed by Douglas Elliman Real Estate | $899,000 | |
| Listed by Douglas Elliman Real Estate | |||
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You will love moving right into this beautifully updated 3-bedroom, 2 full bathroom home on just over a half an acre. Let the sunshine wash over you inside with the open plan main level. The warm living room/fireplace opens to the dining room and fabulous kitchen plus a very inviting sunroom where you'll want to hang out all day! The hallway includes a powder room and linen closet. A spacious primary bedroom suite has a wall of built-in cabinetry with 2 closets plus a great walk in closet and roomy bathroom with double vanity and walk-in wet room with steam shower and stand-alone tub. On the second floor you will enjoy the 2 oversized bedrooms plus hall bathroom. The lower level includes a wonderful large family room with pantry closet, laundry room, mudroom and door to garage. Outside is a fantastic deck and great backyard with mature gardens of beautiful blooming flowers. Enjoy growing your own vegetables too! During winter you'll love the great views of the reservoir. House is energy efficient with smart thermostats, solar panels, battery pack generators, and a Tesla charger. All that and only 45 minutes by train to Grand Central Terminal. Viva Valhalla!
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| Aug 5, 2020 | Sold | ||
| Sold | |||
| May 22, 2020 | Listed by Douglas Elliman Real Estate | $725,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017