7246 Sunlight Lane
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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 17, 2021 | Sold | ||
| Sold | |||
| Apr 2, 2021 | Listed by BHGRE Gary Greene | $200,000 | |
| Listed by BHGRE Gary Greene | |||
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A GEM of a home with great upgrades! The main living area is oversized and has wood floors throughout. The beautiful updated wood burning fireplace gives great warmth for cold winter days. The kitchen boasts granite countertops, stainless steel appliances, double convection oven and a granite undermount kitchen sink. The converted garage has enlarged the home's living space by providing a fourth bedroom/den and study. Bedrooms have walk in closets. The master bedroom suite has brand new floors and an updated vanity area. Updates and maintenance provided by homeowner includes bathtub refinished in 2020, trees professionally pruned 2020 and new windows installed in 2020. Homeowner replaced the A/C, ductwork and insulation in 2010.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017