8 Fulop Lane
About This Property
7 Bedrooms, 4 1/2 baths and perfect for entertaining. Bright, open and move in ready....perfect for dual home offices, home schooling, remote learning, Nanny Suite and visiting families. amazing sun drenched living room with 7 windows, dual sided fireplace, wonderful dining room and family room, a delightful kitchen with remote control skylight, an above ground swimming pool with patio access from the kitchen, family room and main bedroom and an amazing amount of storage. The actual square footage is 5388 sq ft
Along with a 2 car garage, this home also features a 200 kw generator, always leaving you protected during those nasty power failures, a brand new roof with a 50 year warranty and a brand new above ground oil tank.
And to top it all off, this home is located just minutes from Lake Mahopac and a 40 minute drive to NYC. Additional Information: HeatingFuel:Oil Above Ground,Oil Below Ground,ParkingFeatures:2 Car Attached,
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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 |
|---|---|---|---|
| Apr 8, 2021 | Sold | ||
| Sold | |||
| Sep 9, 2020 | Listed by Berkshire Hathaway HS NE Prop. | $699,000 | |
| Listed by Berkshire Hathaway HS NE Prop. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017