7 Shady 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 |
|---|---|---|---|
| Oct 27, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $120,000 | |
| Listed | |||
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Built in 1965, this 4-bedroom, 2-Bath Rockingham ranch, including a mother-in-law suite, has over 2,200 square feet of living space and sits on 1.5 village acres. There's a new roof (2015), a lovely fireplace for ambiance, a wood stove in the basement and a convenient, open floor plan. There are hard wood floors throughout as well. Though this property needs some cosmetic work, the effort would be well worth it. The attached mother-in-law suite has recent updates, lots of natural light, cathedral ceilings and an open floor plan. The manager has listed the unit size as 2268 square feet.
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| Feb 13, 2017 | Listed by Granger Real Estate | $120,000 | |
| Listed by Granger Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017