554 Cane River 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 |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| Jun 1, 2024 | In contract | - | |
| In contract | |||
| May 23, 2024 | Listed | $375,000 | |
| Listed | |||
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Property has never flooded. Charming Victorian home with wrap around porch is located at the end of the cul-de-sac. The large yard beckons those who want a tranquil outdoor space. There is a long driveway leading to a 3 car garage. Lovely entry leads you into a home filled with architectural details such as wood paneling, crown molding, chair rail, wood floors, & built-in bookcases. Living room area has a soaring ceiling with beam accents, wood burning fireplace and is filled with natural light. The Kitchen & Breakfast room are filled with built-in cabinets, walk in pantry and island with cooktop. This 4 bedroom 3.5 bath home has a large primary bedroom downstairs with the upstairs feature of a large bedroom with en suite bath which could be a second primary bedroom. The two additional bedrooms are connected by a jack and jill bath. The large backyard & porch encourages you to come outside to enjoy this beautiful space.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017