7 Garnet Lane
About This Property
The sun-drenched family room boasts cathedral ceilings, 2 skylights and a gas fireplace for gatherings. The kitchen features granite countertops, newer appliances and wood cabinetry.
There are hardwood floors, adding character and warmth to the space. A formal dining area with sliders opens to a private deck for entertaining or enjoying your morning coffee.
The finished basement provides flexible space for a home office, playroom or gym. This home also includes a brand new energy-efficient gas heating system, offering lower utility costs. This home is truly move-in ready. Don't miss your chance to own this exceptional property in one of Plainview's most sought-after neighborhoods and award winning school districts.
Approximate STAR Savings $1000.
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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 30, 2025 | Sold | ||
| Sold | |||
| Aug 15, 2025 | In contract | - | |
| In contract | |||
| Jun 24, 2025 | Listed by Century 21 AA Realty | $900,000 | |
| Listed by Century 21 AA Realty | |||
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About Plainview
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017