5115 Francesco 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 |
|---|---|---|---|
| Sep 8, 2022 | Sold | ||
| Sold | |||
| Jul 13, 2022 | Listed by RE/MAX Rising | $399,900 | |
| Listed by RE/MAX Rising | |||
| Jul 18, 2019 | No longer available | - | |
| No longer available | |||
| May 1, 2019 | Listed | $315,000 | |
| Listed | |||
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Location! Schools! Upgrades and so much more! Kitchen is beautifully finished with granite counter tops, stone backsplash and all stainless steel appliances that stay with the home. Large laundry on main floor and convenient locker area for coats and shoes. Four bedrooms on 2nd floor, large master with ensuite, tall double vanity and walk in closet. 3 good sized additional bedrooms on 2nd floor share full bathroom, also with double vanity. The basement offers so much space! Area for big screen entertainment and space for family games. 5th bedroom in the basement can be used as office area, also has large walk in closet. This Franke construction home sits on a huge corner lot with a beautifully landscaped and fenced back yard. Two levels of outdoor space, deck off the kitchen leads to lower level outfitted with custom pavers and built in fire pit. This is perfect for outdoor entertaining with family and friends! You must see this home, has everything you need and want! The manager has listed the unit size as 2329 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017