712 Convertible 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 |
|---|---|---|---|
| Jun 24, 2025 | Sold | ||
| Sold | |||
| Jun 3, 2025 | In contract | - | |
| In contract | |||
| May 30, 2025 | Price Decreased |
$589,900
↓ $10K
(1.7%) | |
| Price Decreased | |||
| May 19, 2025 | Relisted | $599,900 | |
| Relisted | |||
| Apr 18, 2025 | Listed by Sunshine Properties RealEstate | $599,900 | |
| Listed by Sunshine Properties RealEstate | |||
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Charming Fallbrook Home. This cozy four-bedroom, two-bath home is full of opportunity and nestled in the heart of Fallbrook. The flexible layout features two bedrooms and a full bath on each level—ideal for multi-generational living or guest accommodations. The home is filled with natural light and offers spacious living areas that invite your personal touch and updates. Enjoy the expansive backyard perfect for family time, outdoor dining, and play. A two-car garage adds convenience and storage. With its great bones and inviting setting, this property is a wonderful canvas to create your dream home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017