648 Austin 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 |
|---|---|---|---|
| Feb 12, 2021 | Sold | ||
| Sold | |||
| Nov 18, 2020 | Listed by Ebby Halliday, REALTORS | $264,900 | |
| Listed by Ebby Halliday, REALTORS | |||
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Two-story home built by Meritage Homes with a rear entry garage with manual pull down screen and TV mounted on wall. Living room with fireplace is open to dining area and kitchen. Kitchen with granite counter tops and refrigerator. Study located downstairs with closet which could be 5th bedroom. Game room, master bedroom and 3 bedrooms located upstairs. Second bedroom with walk-in closet. Master bath with separate shower and walk-in closet. Pantry located in utility room with washer and dryer which remains with home. Hot tub in backyard on extend patio. Ceiling fans. Solar Screens. Sprinkler system. Roof and fence was replaced in 2017. Home is wired for surround with outdoor patio speakers. Great Location.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017