6218 Cotton Field Lane
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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 |
|---|---|---|---|
| Mar 24, 2021 | Sold | ||
| Sold | |||
| Feb 18, 2021 | Listed by Redfin Corporation | $244,500 | |
| Listed by Redfin Corporation | |||
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Stunning 4bedroom 2.5bath, 2story home in a great location near lots of shopping and dining!! Beautifully well-kept with fresh interior/exterior paint, neutral palette, light & bright w decorative lighting, crown molding, open concept, kitchen & formal dining areas open to great room w fireplace, large windows, and upgraded flooring throughout. The spacious eat-in kitchen includes a new gas stove, new over-the-range microwave, large island, and ample crisp white cabinetry for storage and prep! Spacious Master En-suite includes a walk-in closet, dual vanities, garden tub, and sep shower. Three additional bedrooms complete this charming home. Finally step outside to the Texas-Sized backyard which includes a covered patio and privacy fence, great for entertaining and/or outdoor activities!! Home Never Flooded.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017