709 Park Lane Drive
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 |
|---|---|---|---|
| Jun 13, 2024 | Sold | ||
| Sold | |||
| Apr 11, 2024 | Listed by KELLER WILLIAMS-TREC | $339,900 | |
| Listed by KELLER WILLIAMS-TREC | |||
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Welcome to this well maintained Windsor Park ranch home, featuring hardwood floor, skylights inside the house, and an in-ground pool in the backyard! All-bricked exterior walls house a large living room with cathedral ceiling and skylights, separated dining room, large fully applianced kitchen with natural skylight, family room with a limestone fireplace, master bedroom suite, 3 large additional bedrooms, and a large laundry room. Swim in your very own decked pool and enjoy summer fun! Recent updates include: new pool sand filter tank and pool pump (2018); new water heater (2020); new roof, skylight and motorized shades, hardwood flooring in two bedrooms, and pool liner/track (2022); new gas oven, dishwasher and washer (2022); new kitchen disposal (2023). Area benefits: lower county taxes, convenient location for shopping, dining, movie theater, and parks. This home has been pre-inspected and any highlighted items will be fixed by the sellers prior to closing. Prefer no inspection contingency.
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| Aug 16, 2017 | Sold | ||
| Sold | |||
| Jun 2, 2017 | Listed by KELLER WILLIAMS-TREC | $234,900 | |
| Listed by KELLER WILLIAMS-TREC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017