5416 Banner 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 |
|---|---|---|---|
| Jul 15, 2024 | Sold | ||
| Sold | |||
| Jun 16, 2024 | In contract | - | |
| In contract | |||
| May 25, 2024 | Listed by RE/MAX Fine Properties | $499,990 | |
| Listed by RE/MAX Fine Properties | |||
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Welcome to 5416 Banner Ln in The Oaks of Rosenberg—a stunning 4-bed, 3-bath haven of luxury living. Minutes to shops, restaurants, and grocery stores! This meticulously Perry Built home boasts over 3500 sq. ft featuring a game room and a home office, offering both entertainment and productivity spaces. Park with ease in the expansive 3-car garage. Step into a modern oasis with a totally updated kitchen, the heart of this home, featuring top-of-the-line appliances, custom built cabinets, granite countertops, designer backsplash, and gorgeous new range hood. The primary suite is a retreat of its own, while the remaining bedrooms provide comfort and style. Unwind on the covered patio, overlooking a manicured landscape. This residence harmonizes elegance and functionality, making it the perfect blend for your family's lifestyle. Welcome home and be the envy of the neighborhood! Make an appointment TODAY!
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| May 22, 2024 | No longer available | - | |
| No longer available | |||
| Dec 29, 2023 | Withdrawn | - | |
| Withdrawn | |||
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About Rosenberg
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017