736 Violet 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 |
|---|---|---|---|
| Aug 2, 2023 | Sold | ||
| Sold | |||
| May 1, 2023 | Listed by Re/Max 10 | $249,900 | |
| Listed by Re/Max 10 | |||
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Spacious 4 BR 2.5 bath home in Matteson Farms w/ a partially finished basement is move in ready! This 2 story home has a great layout, with plenty of space for everyone. From the formal dining room w/ sparkling chandelier to the cozy family room w/ floor to ceiling brick fireplace, this home has something for everyone! Trendy bowl sinks, LED color changing kitchen faucet, and WIFI appliances are just some of the bells & whistles. Real HARDWOOD FLOORING in the bedrooms; including the master suite w/ private bath. Basement is partially finished with spacious Rec Room & HEATED FLOORS! Plumbing & electrical panel have been redone, newer water heater & completely rebuilt boiler provide efficient whole house heat. Outside, you'll enjoy backyard BBQ's on the deck with a canopy of shade trees. Even a poured concrete basketball court! Home in good shape, but selling strictly AS-IS; buyer to take on village requirements; if any. Taxes to reduce once homeowner's exemption is applied (currently no exemptions). Great home in a great neighborhood!
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| Jun 16, 2021 | Sold | ||
| Sold | |||
| Mar 26, 2021 | Listed by RE/MAX Ultimate Professionals | $150,600 | |
| Listed by RE/MAX Ultimate Professionals | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017