640 Durham 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 3, 2023 | Sold | ||
| Sold | |||
| Nov 17, 2022 | Listed by Keller Williams Success Realty | $365,000 | |
| Listed by Keller Williams Success Realty | |||
| Nov 15, 2022 | No longer available | - | |
| No longer available | |||
| Oct 13, 2022 | Price Decreased |
$375,000
↓ $10K
(2.6%) | |
| Price Decreased | |||
| Sep 14, 2022 | Listed by Royal Family Real Estate | $385,000 | |
| Listed by Royal Family Real Estate | |||
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Spacious split-level home well maintained by long time owners. Located on a quiet tree-lined street on a beautiful lot. Welcoming front entry w/ a court yard feel filled w/ beautiful landscaping. Spacious foyer w/ wood laminate flooring & a new screen door. Hardwood floors through the living room, dining room & bedrooms. Bright & spacious living room w/ a wall of windows overlooking the backyard. Formal dining room w/ new light fixture. Beautiful updated kitchen w/ lots of natural light featuring solid maple antique finished white cabinets, granite counter tops, tiled backsplash, pantry, planning desk, & SS appliances including a new stove & microwave. All the bathrooms have been updated. Main bedroom offers a nice size closet w/ custom organizer & a full private bathroom w/ walk-in shower. Finished walk-out lower level features a big family room w/ double sliding glass doors out to the patio. There is a custom bar area, another bathroom, 4th bedroom w/ sitting area & walk-in closet. Large storage room, laundry room w/ utility sink & more storage space. Several ceiling fans throughout. New furnace & water heater. 2 car garage w/ pull down staircase to the attic for more storage. Enjoy relaxing on the stone patio in the deep fenced-in backyard w/ lots of beautiful plant beds. Leaf filter for gutters. Amazing location! Close to Woodfield mall, restaurants, & highways. Walking distance to all three schools in the award-winning school district 54 & 211. Just move right in enjoy your new home! The manager has listed the unit size as 2156 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017