5322 OTTER 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 |
|---|---|---|---|
| May 14, 2025 | Price Increased |
$315,000
↑ $17K
(5.7%) | |
| Price Increased | |||
| Nov 14, 2024 | Price Decreased |
$298,000
↓ $500
(0.2%) | |
| Price Decreased | |||
| Oct 3, 2024 | Price Increased |
$298,500
↑ $14K
(4.7%) | |
| Price Increased | |||
| Sep 29, 2024 | Listed | $285,000 | |
| Listed | |||
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ZONED FOR HORSES! Zoned AGRICULTURE Perfect Quiet Retreat in a very family friendly neighborhood on almost 1.5 Acres - With a home, garage/barn combo with loft and carport! You won't find another like this!! Don't Miss this opportunity!
Were excited to present this gem of a property in the highly sought-after Middleburg area! This spacious 1.43 cleared Acre lot offers plenty of room for you, your animals, and all your outdoor toys. Zoned for horses and featuring space for an RV or boat, this property is ideal for those who love both tranquility and adventure.
Built in 1996 and now retired, this Triple Wide home boasts 3 bedrooms, 2 bathrooms, and offers a well-designed layout that includes two living rooms and a raised dining room-perfect for family dinners or placing your piano. You'll enjoy the peace and quiet while still being close to shopping, local attractions, public transportation, and parks. Schedule your showing today!!!
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| Feb 22, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017