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844 Park Lane
About This Property
Beyond the residence itself, life on Park Lane offers an enviable, well-connected suburban lifestyle. Residents enjoy close proximity to local parks, green spaces, and coastal recreation spots ideal for outdoor activities and relaxation. Commuters will appreciate the swift access to major parkways, simplifying trips into New York City, local beaches, or nearby airports. With local shopping centers, dining, and everyday conveniences just minutes away, this address seamlessly balances expansive indoor living with a vibrant, welcoming community atmosphere. Schedule your private showing.
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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 |
|---|---|---|---|
| Jul 19, 2026 | Listed by Coldwell Banker American Homes | $2,250,000 | |
| Listed by Coldwell Banker American Homes | |||
| Mar 11, 2005 | Sold | ||
| Sold | |||
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About South Valley Stream
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017