5711 Micah 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 |
|---|---|---|---|
| Feb 7, 2025 | Sold | ||
| Sold | |||
| Jan 14, 2025 | In contract | - | |
| In contract | |||
| Oct 23, 2024 | No longer available | - | |
| No longer available | |||
| Oct 22, 2024 | Listed by Keller Williams Premier Realty | $337,500 | |
| Listed by Keller Williams Premier Realty | |||
| Aug 18, 2024 | Listed by Keller Williams Premier Realty | $360,000 | |
| Listed by Keller Williams Premier Realty | |||
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Beautifully crafted home offering a perfect blend of elegance & functionality. As you enter, you’ll be greeted by the warmth of tile flooring that extends from the entryway into the kitchen, dining area & all bathrooms. The heart of this home is the gourmet kitchen, where maple cabinets create a warm & inviting atmosphere. The kitchen also boasts granite countertops & a decorative tile backsplash, adding a touch of sophistication to your culinary space. The 8-inch stainless steel undermount sink ensures both functionality & sleek design, making meal prep & cleanup a breeze. The beautiful staircase with wood treads add an elegant touch, leading you to the upper level where you’ll find the spacious bedrooms. Each bathroom is thoughtfully designed, featuring matching maple cabinets that create a cohesive & refined look throughout the home. Also features no back neighbors, offering added privacy, tranquility and is perfect for relaxing or entertaining in your outdoor space.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017