538 BOYKIN Lane
About This Property
Stainless steel appliances, eating bar, interior/exterior paint, vinyl wood style plank flooring in main areas and wet areas with carpet in bedrooms. Enjoy the country style front porch or relaxing on the small deck in the backyard. This makes a move in ready house for the first-time homeowner, business owner or just looking to get out of the city for a slower paced environment. Property is zoned CMU.
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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 |
|---|---|---|---|
| Apr 26, 2023 | Sold | ||
| Sold | |||
| Feb 12, 2023 | Listed by ALL REAL ESTATE OPTIONS INC | $179,900 | |
| Listed by ALL REAL ESTATE OPTIONS INC | |||
| Nov 23, 2021 | Sold | ||
| Sold | |||
| Aug 15, 2017 | Listed by ROGER BILLS, BROKER | $43,400 | |
| Listed by ROGER BILLS, BROKER | |||
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This is a Concrete Block home with central heat and air, Large front porch runs the length of the home. Located on the corner of U.S. rout 301 and Boykin lane. Needs very little TLC. Great for home owner or investor home rents for $900 a month. Cash buyers only please.
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| Jul 5, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017