610 Lucky 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 |
|---|---|---|---|
| Nov 23, 2024 | Listed | $425,000 | |
| Listed | |||
| | |||
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Welcome to Lucky Lane. This semi-private street begins with a city park and is lined with newly built homes, some have sold for above $1M, sidewalks & streetlights. It's a perfect location. Only 1 mile to the beach. Bike or golf cart 1.3 miles to Atlantic Avenue or only a 1/2 mile to Whole Foods & Starbucks. Situated on a quiet cul-de-sac, this lot is shovel ready. Perfect for your new home or as an investment. Electric was put underground, so no ugly power lines out back. The lot can accommodate a single level or two level home with a pool. No HOA fees or restrictions or headaches. Survey & soil test completed. The seller will consider selling the two additional contiguous lots, for a total of 3 lots.
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| Oct 7, 2021 | Sold | ||
| Sold | |||
| Mar 25, 2021 | Sold | ||
| Sold | |||
| Nov 14, 2020 | Listed by Esquire Realty Advisors LLC | $929,000 | |
| Listed by Esquire Realty Advisors LLC | |||
| Oct 1, 2015 | Sold | ||
| Sold | |||
Property Highlights
Building Info
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Price/ft²
Listed On
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About Southridge
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$8,500 /mo
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- 2,544 ft²
$7,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017