718 West 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 |
|---|---|---|---|
| May 21, 2024 | Sold | ||
| Sold | |||
| Apr 18, 2024 | Listed by RE/MAX All Pro - St Charles | $649,800 | |
| Listed by RE/MAX All Pro - St Charles | |||
| Aug 25, 2019 | No longer available | - | |
| No longer available | |||
| Jun 17, 2019 | Price Decreased |
$499,000
↓ $26K
(5%) | |
| Price Decreased | |||
| May 23, 2019 | Listed | $525,000 | |
| Listed | |||
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TAKE A GOOD LOOK AT ME NOW! A remarkable improvement was recently made by having all of the trim painted white. A stellar location close to Geneva High School & down town Geneva you must come take a look. Plantation shutters, hardwood floors & custom trim detail make this home a standout! There are 3 fireplaces which is not typical: family room, sun room & basement. The kitchen was remodeled in 2013 bringing in cherry cabinets, granite & stainless appliances. A sun room was added featuring a stone FP, vaulted ceiling & skylights. The master suite offers a remodeled bath, double vanities, jacuzzi tub & walk in shower with 8 body sprays. An in-law "apartment" was added in 2000 complete with private bath, 2 rooms & a new furnace & a/c. There are so many options for this space: in-law, nanny, adult child, live-in helper or simply a bonus space for the entire family. The basement is finished offering lots of additional space & another full bath. Garage access from the basement too! The manager has listed the unit size as 3351 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017