7080 NICOLE LANE
About This Property
Built in 1999, this block-constructed home features a 3-bedroom split plan, 2 bathrooms, a 2-car garage, a fully equipped kitchen, and an open floor plan. The inside utility/laundry room comes complete with a full-size washer and dryer, and there's an abundance of closet and storage space to meet all your needs. This home is thoughtfully designed for both relaxation and entertaining.
**PROPERTY is located in an X FLOOD ZONE, and currently does not require Flood Insurance -- HIGH and DRY, with NO Damage from any Storms during the 2024 Hurricane Season**
"Every major upgrade has been taken care of in this exceptional property! Check out these incredible highlights: Newer exterior paint, **ENTIRE INTERIOR FRESHLY PAINTED** NEW roof (2021), **EXCELLENT WIND MITIGATION REPORT - BRINGING GREAT DISCOUNTS on YOUR HOMEOWNER'S INSURANCE - new HVAC system (2020), electrical panel upgrade (2024), brand-new 50-gallon water heater (2024), and a vinyl fence enclosing the entire backyard! The best part? You'll enjoy ultimate privacy with no rear neighbors. Both bathrooms underwent a stylish remodel in 2024, ensuring modern comfort. This home truly offers peace of mind and convenience-don't miss out!"
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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 |
|---|---|---|---|
| Jun 26, 2025 | Sold | ||
| Sold | |||
| May 24, 2025 | In contract | - | |
| In contract | |||
| May 19, 2025 | Price Decreased |
$409,000
↓ $21K
(4.9%) | |
| Price Decreased | |||
| May 2, 2025 | Price Decreased |
$429,900
↓ $19K
(4.3%) | |
| Price Decreased | |||
| Apr 26, 2025 | Price Decreased |
$449,000
↓ $16K
(3.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017