55 Ferntree Lane
About This Property
Step into the open living area with vaulted ceilings, creating a bright and welcoming atmosphere. The kitchen offers ample counter space making meal preparation a breeze. The living and dining areas seamlessly connect, making it easy to host gatherings and social events.
The primary bedroom is a peaceful retreat with its own en-suite bathroom and dual walk in closets, while the additional bedrooms are comfortably sized and share a second full bathroom. A bonus room upstairs offers flexible space for a home office, playroom, or guest room.
Enjoy outdoor living with a covered front porch, a covered back deck, perfect for enjoying your morning coffee or unwinding in the evening. The separate storage/garden building provides additional space for all your tools and equipment.
The home's Cape Cod style exterior, with its vinyl and stone finish, adds to its curb appeal. The 2-car garage offers convenient parking and extra storage space. Plus, the property includes a septic permit for 4 bedrooms, allowing for potential future expansion.
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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 |
|---|---|---|---|
| Aug 1, 2024 | Sold | ||
| Sold | |||
| May 30, 2024 | Listed by EXP Realty LLC | $395,000 | |
| Listed by EXP Realty LLC | |||
| | |||
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Welcome to this charming ranch home, perfectly situated on a spacious 0.786-acre lot at the end of a quiet street with no through traffic. This home features a popular split ranch floorplan, w/ upstairs bonus!
Step into the open living area with vaulted ceilings, creating a bright and welcoming atmosphere. The kitchen offers ample counter space making meal preparation a breeze. The living and dining areas seamlessly connect, making it easy to host gatherings and social events.
The primary bedroom is a peaceful retreat with its own en-suite bathroom and dual walk in closets, while the additional bedrooms are comfortably sized and share a second full bathroom. A bonus room upstairs offers flexible space for a home office, playroom, or guest room.
Enjoy outdoor living with a covered front porch, a covered back deck, perfect for enjoying your morning coffee or unwinding in the evening. The separate storage/garden building provides additional space for all your tools and equipment.
The home's Cape Cod style exterior, with its vinyl and stone finish, adds to its curb appeal. The 2-car garage offers convenient parking and extra storage space. Plus, the property includes a septic permit for 4 bedrooms, allowing for potential future expansion.
| |||
| May 30, 2018 | Sold | ||
| Sold | |||
| Apr 13, 2018 | Listed by EXP Realty LLC | $230,000 | |
| Listed by EXP Realty LLC | |||
| Mar 14, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017