5580 Mare Ln
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 |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Apr 14, 2024 | No longer available | - | |
| No longer available | |||
| Mar 8, 2024 | Listed by Lennar | $749,900 | |
| Listed by Lennar | |||
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Showcasing Lennar's Next Gen design, this two-story residence is ideal for multigenerational households. The main home features an open layout on the first level and three bedrooms, including the owner's suite, on the second. The private suite has its own separate entrance, living room, kitchenette, bedroom and bathroom. The manager has listed the unit size as 2629 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017