70 Craig Lane
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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 |
|---|---|---|---|
| May 19, 2023 | No longer available | - | |
| No longer available | |||
| May 4, 2023 | Price Decreased |
$725,000
↓ $25K
(3.3%) | |
| Price Decreased | |||
| Mar 21, 2023 | Listed by beycome brokerage realty LLC | $750,000 | |
| Listed by beycome brokerage realty LLC | |||
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Convenient, worry free and versatile this conversion blends charm, grand living areas and fine finishes with the longevity and efficiency only new construction done right delivers. Entertain under the 14’ vaulted wood ceiling and showcase your high efficiency stainless Bosch appliances, granite island seating, mother of pearl backsplash, built in wine rack and farmhouse sink while preparing your favorite cuisine. Enjoy custom woodwork, cabinets and fireplace in your separate living room, or take it as your first loor master suite complete with walk-in closet, rustic bath finishes, double granite vanity, soaking tub and floor to ceiling tile shower. Take one room as your office, leave one for in laws/guests and still have 2 oversized bedrooms to choose from. Entire floor calms and stimulates the senses with 11’ custom wood ceilings, designer colors and rustic paneling. Oak flooring throughout save for slate and porcelain tiling in kitchen and bathrooms. Minutes to Merritt Pkwy. The manager has listed the unit size as 3796 square feet.
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| Jul 18, 2022 | Sold | ||
| Sold | |||
| Mar 28, 2022 | Listed by Gary Knauf Real Estate Services, Inc | $450,000 | |
| Listed by Gary Knauf Real Estate Services, Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017