516 Middle Lane
About This Property
Step inside to find sun filled living spaces, a functional layout, and plenty of room to make it your own. The cozy interior is complemented by a spacious yard, ideal for entertaining, gardening, or simply enjoying the outdoors. Whether you are a first time home buyer, looking to downsize, or searching for an investment opportunity, this home offers endless potential.
Conveniently located ner shopping, dining, parks and major commuter routes, 516 Middle Lane combines neighborhood charm with everyday convenience.
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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 |
|---|---|---|---|
| Sep 18, 2026 | Sold | ||
| Sold | |||
| Aug 6, 2026 | In contract | - | |
| In contract | |||
| Jul 8, 2026 | Relisted | $411,000 | |
| Relisted | |||
| Jul 7, 2026 | In contract | - | |
| In contract | |||
| Jun 18, 2026 | Listed by RE/MAX Central | $411,000 | |
| Listed by RE/MAX Central | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017