740 SCOTT 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 28, 2023 | Sold | ||
| Sold | |||
| May 12, 2023 | Listed by Sandy Messer And Associates | $532,500 | |
| Listed by Sandy Messer And Associates | |||
| Jul 12, 2017 | Sold | ||
| Sold | |||
| May 31, 2017 | Listed by Summus Realty | $364,500 | |
| Listed by Summus Realty | |||
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Stunning is an under statement when it comes to this spacious home located in the Upper Valley. This beauty is perfect for entertaining with its lush landscaping, pool, and Jacuzzi. Features in the home include beautiful ceiling detailing, wet bar, loft, built ins, and so much more.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017