7 True Lane
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 8, 2023 | Sold | ||
| Sold | |||
| Jul 12, 2023 | Listed by Your Neighborhood Realtor, LLC | $299,999 | |
| Listed by Your Neighborhood Realtor, LLC | |||
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Motivated seller! This home is on its own land !! This property is extremely unique with such an inviting feeling. Room to roam on your property with a detached screen house with an enclosed cabin like room off the back. This is the true definition of a she shed, hideaway or club house! Tinker in your large garage with a workshop at the back. The way this lot is situated and beautifully landscaped you will not want to leave. Now let's talk about the home itself... Once you enter you will be truly impressed at the size of the Livingroom, kitchen and eat in kitchen area. You have a separate laundry room and two large bedrooms at the other end. To add to this properties charm there is a 3-season porch that leads to a private deck. Public water, public sewer, commute to everywhere, beaches and shopping! This property just needs to be loved again and is a must see. Typical financing will not work for this property.
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| Jan 25, 2019 | Sold | ||
| Sold | |||
| Jul 25, 2018 | Listed by Applevale Realty Inc. | $219,900 | |
| Listed by Applevale Realty Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017