609 Albion 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 28, 2022 | Sold | ||
| Sold | |||
| Dec 10, 2021 | Listed by RE/MAX Suburban | $300,000 | |
| Listed by RE/MAX Suburban | |||
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Check out this comfortable cape cod home in the family friendly Prospect Meadows Subdivision! Fantastic curb appeal with a mostly brick exterior sitting on an oversized 65 x 156 fully fenced lot! Warm hardwood flooring on the first floor with nice open kitchen that features granite countertops on top of warm cabinets. Loaded with natural light the kitchen leads to a party sized deck and great big yard. Flexible floorplan with 2 bedrooms and a full bath on the first floor and a huge upper level with 2nd bath. Currently used as a master suite with sitting/office space. This home has been well cared for with many updates throughout. You will love the 2 1/2 car garage and the convenient location!
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| Jun 21, 2017 | Sold | ||
| Sold | |||
| Apr 29, 2017 | Listed by RE/MAX Suburban | $264,900 | |
| Listed by RE/MAX Suburban | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017