516 Strait 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 |
|---|---|---|---|
| Oct 13, 2023 | Sold | ||
| Sold | |||
| Apr 14, 2023 | Listed by Legacy Realty Group | $439,900 | |
| Listed by Legacy Realty Group | |||
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SELLERS will give 10K in CC to Buy Down Rate! Better than New! This 4 bedroom 3 bath plus Office shows like a model. Spacious entry flows to the desirable open layout of Living, Dining and Kitchen area with Large granite island; perfect for entertaining. Primary retreat is oversized with attached onsuite, separate vanities, soaking tub, large shower and walk in closet. Second primary bdrm is in the other wing of the home complete with attached bath and walk in closet. Bdrm 3 makes the perfect nursery right next to the 2nd primary bdrm thats perfect MIL retreat with sitting area. Bdrm 4 is tucked away and has 3rd full bath in the home just around the corner. Front office could be a great second living or play space. This home is made to meet whatever your family needs are! Outside you will love the spacious patio, privacy fence and storage shed that stays! Located in a quiet neighborhood within walking distance to sought after schools. Close to shopping and highways for easy commute.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017