9 Buick Lane
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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 |
|---|---|---|---|
| Nov 19, 2020 | Sold | ||
| Sold | |||
| May 26, 2020 | Listed by Houlihan Lawrence Inc. | $375,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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Must see Mahopac Arts & Crafts home with lake rights and a studio apartment above the detached garage. Enjoy all lake related activities this summer at the homeowner association beach and dock facilities. The main house has two bedrooms, an office with stairs up to a loft area, and a den with sliders out to the sunroom with a hot tub and a wood burning stove. The home has wood floors as seen throughout, a wood paneled living room with a fireplace and a dining area nook, eat in kitchen area with a door leading to side yard and a beautiful private stone patio. The detached one car garage has a studio apartment above with rental income potential.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017