5731 Logan 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 |
|---|---|---|---|
| Jan 18, 2022 | Sold | ||
| Sold | |||
| Jun 23, 2021 | Listed by Compass RE Texas, LLC | $2,750,000 | |
| Listed by Compass RE Texas, LLC | |||
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Bright and beautiful Logan Lane is a 4 bed, 3.5 bath home nestled on a tree-filled large lot in Asbury Place. This multi-use property has beautiful hardwood flooring and gorgeous detail and finishes throughout. Soaring vaulted ceilings, an abundance of natural light and a wrap-around porch, perfect for entertaining. The kitchen features concrete countertops and opens to the breakfast room and den. Expansive multi-purpose studio space with floating ceilings and an air-conditioned basement. The primary bedroom, located on the second floor, opens to a light-filled loft with views of the beautiful new landscaping. Recent 2021 Appraisal available that values the property for over $3 million. *All info per seller.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017