87 Voyagers Lane #87
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 |
|---|---|---|---|
| Sep 29, 2022 | Sold | ||
| Sold | |||
| Aug 3, 2022 | Listed by Thread Real Estate, LLC | $389,900 | |
| Listed by Thread Real Estate, LLC | |||
| | |||
|
Welcome home to Pine Lake in highly desirable Ashland! This 2 bedroom unit is ready for its new owner. Situated in the back of the complex, you will enjoy the privacy provided by the towering pine trees from your personal deck. As you enter the unit, you’re welcomed into the main living space - kitchen with large eat in/dining area, a good size living room with wood-burning fireplace, pantry and powder room. When you head upstairs, you will find two large vaulted ceiling bedrooms with ample storage/closets. Full bath is complete with a shower/tub combination and separate sink area. On the lower level, you will find a multi-purpose room - great for playroom or home office! Don’t miss the laundry in the unit. Attached garage underneath ensures you always have covered storage and parking. With its close proximity to the commuter rail, desirable downtown Ashland, local shopping and restaurants - this unit won’t last long!
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| Nov 15, 2006 | Sold | ||
| Sold | |||
| Sep 18, 2006 | Listed by Millennium Realty | $295,000 | |
| Listed by Millennium Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/03/2022
|
2 Bed
|
2 Bath
|
1344 ft²
|
$389,900
2 Bed
2 Bath
1344 ft²
|
$420,000
+7.72%
09/29/2022
|
Derek Hui
Thread Real Estate, LLC
| |
|
09/18/2006
|
2 Bed
|
2 Bath
|
1609 ft²
|
$295,000
2 Bed
2 Bath
1609 ft²
|
$285,000
-3.39%
11/15/2006
|
Jane Stefanini
eXp Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017