71 Michaels 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 |
|---|---|---|---|
| Sep 23, 2020 | Sold | ||
| Sold | |||
| Jun 5, 2020 | Listed by Heather Croner Real Estate | $569,000 | |
| Listed by Heather Croner Real Estate | |||
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Elegant, well-appointed house in scenic Vista Ridge. Immaculate & well maintained with many recent upgrades and energy saving solar panels, this gorgeous house features double height ceilings, spacious light-filled rooms, hardwood floors, granite countertops and much more. Dramatic and welcoming 2-story foyer. Double height FR w/fp opens to the spacious kitchen w/center island, plenty of cabinet space & large dining area. Pantry. Formal DR. Cozy formal LR. 1/2 bath. Privately situated study. Laundry/mudroom. Oversized 2-car garage. Upstairs, double doors lead to the MBR with gas fireplace, tray ceiling with ceiling fan, 2 walk-in closets & spacious bath with double sinks and jacuzzi. Three other good sized BR and full bath. Full finished basement w/rec room & bar, den, playroom, full bath plus additional storage. Large deck along the back of the house with pergola, perfect for entertaining or relaxing in your peaceful, private yard. Wonderful commuter location & easy access to all amenities.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017