7 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 |
|---|---|---|---|
| Oct 14, 2025 | Sold | ||
| Sold | |||
| May 1, 2025 | Listed by Monument Realty | $710,000 | |
| Listed by Monument Realty | |||
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Spacious 4-Bed, 4-Bath Colonial on 1 Acre – Move-In Ready! This expansive Colonial-style home offers 4 bedrooms, 4 bathrooms, and over an acre of beautifully maintained land—perfect for those seeking both space and style. This home could easily be modified for a first-floor in-law space. Enter through the charming covered front porch into an inviting open-concept layout. The formal dining room comfortably accommodates a 12-seat table and features custom hickory flooring and a stylish pendant light fixture. The kitchen is a modern chef’s delight, featuring granite countertops, stainless steel Whirlpool appliances, ample cabinet storage, recessed lighting, and seating at the center island. French doors open to an oversized living room with cathedral ceilings and a cozy pellet stove, perfect for gatherings or quiet nights in. The main level also features a full bathroom, a bedroom, an office, a bonus room, and a mudroom, offering flexibility for guests or multiple purposes. Upstairs, you'll find three generously sized bedrooms, another full bath, and a primary suite complete with a walk-in closet and private ensuite. Gleaming hardwood floors run throughout all four bedrooms. The partially finished lower level offers additional living space, featuring a bonus room, a bedroom, a full bathroom, a laundry area, and an unfinished storage room. Recent upgrades include new central A/C, septic system, roofs, water filtration system, well pump, hot water tank, and updated plumbing.
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| Sep 1, 2022 | Sold | ||
| Sold | |||
| Jul 14, 2022 | Listed by Sunlite Realty Corp | $595,000 | |
| Listed by Sunlite Realty Corp | |||
| Mar 7, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017