5215 Cobble Lane
About This Property
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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%.
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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 |
|---|---|---|---|
| Aug 19, 2024 | Sold | ||
| Sold | |||
| Jul 20, 2024 | In contract | - | |
| In contract | |||
| Jun 28, 2024 | Listed by eXp Realty LLC | $325,000 | |
| Listed by eXp Realty LLC | |||
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This beautiful 4 bedroom, 2.5 bath home maintains its character while featuring updated elements. Upon entry, you'll notice the leaded glass sidelight windows and REAL hardwood and tile floors. The front room is a flex space and can be used in many ways. The living room features a brick fireplace with painted built-ins and 2 beams that run across the ceiling. The kitchen includes a built-in desk, painted cabinets with updated hardware, SS double ovens, a SS dishwasher and a new SS vent hood. The dining room is off of the kitchen and features 3 double pane windows. Upstairs, you'll notice a continuation of the REAL hardwood flooring. All 4 bedrooms have ample closet space and newer carpet. The large primary bedroom and en-suite bath feature 3 walk-in closets as and an updated tile shower with a sliding glass door. Enjoy a large backyard with a painted deck, an above ground pool and playset. Interior has been recently painted and includes updated light fixtures and framed mirrors.
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About Terranova
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017