6402 Trailway Lane
About This Property
Features include upgraded flooring on the main level, new light fixtures, and fresh paint throughout. The home is just down the street from the wonderful amenities of Spring Creek Forest, including an Olympic-sized swimming pool, two tennis courts, a soccer field, and more.
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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 |
|---|---|---|---|
| Apr 15, 2021 | Sold | ||
| Sold | |||
| Mar 12, 2021 | Listed by Coldwell Banker Realty | $226,000 | |
| Listed by Coldwell Banker Realty | |||
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Welcome to 6402 Trailway Lane, a charming home in the established neighborhood of Spring Creek Forest. The property sits on a quarter acre adorned with beautiful mature trees and landscaping. Inside, a gorgeous brick fireplace adds warmth and texture to the spacious living room. A wet bar just off the main living space makes an ideal spot for entertaining. The kitchen features granite countertops, and opens up to the light and bright breakfast room. The sitting room in the front of the home is a versatile space that could be alternatively used as a formal dining room, office, or even a playroom. Just off the primary bedroom is a rare treat, a large balcony which is the perfect spot to relax and unwind.
Features include upgraded flooring on the main level, new light fixtures, and fresh paint throughout. The home is just down the street from the wonderful amenities of Spring Creek Forest, including an Olympic-sized swimming pool, two tennis courts, a soccer field, and more.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017