646 Lane Road
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 |
|---|---|---|---|
| Sep 12, 2023 | Sold | ||
| Sold | |||
| Aug 2, 2023 | Listed by The Merrill Bartlett Group | $950,000 | |
| Listed by The Merrill Bartlett Group | |||
| Dec 22, 2019 | No longer available | - | |
| No longer available | |||
| Oct 26, 2019 | Price Decreased |
$799,000
↓ $26K
(3.2%) | |
| Price Decreased | |||
| Sep 2, 2019 | Listed | $825,000 | |
| Listed | |||
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A TRUE CONTEMPORARY! Tired of the traditional and predictable then VISit this contemporary masterpiece that will delight you every day of the year, where NATURAL LIGHT baths the open contiguous spaces that synergize three bountiful levels of living. RENOVATED with passion and WORLD CLASS energy efficient fixtures/fittings/materials. The vaulted two-story GREAT ROOM has a dramatic stone fireplace & 8" wide hardwood flooring, and flows to the eat-in kitchen, appointed with QUARTZ SURFACES/backsplash, CHEF QUALITY stainless steel appliances inc. a Wolf 5 burner cooktop, oversized Viking refrigerator & double ovens. The 1ST FLOOR MASTER SUITE has a luxury master bathroom bathed in natural light features a dual vanity, & an over-sized tiled shower with Hansgrohe shower heads. Upstairs an additional two bedrooms share full bath. A front to back home office (or media room) has direct access to the wrap around 100ft mahogany deck/balcony. The lower level is ideal for GUESTS, offering a bedroom, rec./gym room, fireplace (plumbed for a bathroom). OTHER "NEW" UPDATES: Marvin sliders & windows, skylights, 8" wide hardwood on 3 floors, a 4 BR leach field, 3-zone central air, new furnace, 10kw auto generator & a pellet stove (Original Built 1986). A SERENE AND PRIVATE 4.97 acres in a quality lifestyle TOWN with TOP Chester Academy & Pinkerton Academy, local EQUESTRIAN resources and an EASY COMMUTE to highways/airports (20 min to Manchester & 1 hour to BOSTON/Logan). VISit today! The manager has listed the unit size as 6723 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017