9610 Petite 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 |
|---|---|---|---|
| Jun 7, 2024 | No longer available | - | |
| No longer available | |||
| May 27, 2024 | Listed by LX REALTY | $1,395,000 | |
| Listed by LX REALTY | |||
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Great opportunity for rent to own income producing property. The property qualified for further 4plex development or split for 2 lots under SB9 zoning rules. There are 2 detached houses on almost 1 acre lot. The main house was built in 1951 and has 3 bedrooms and 2 bathrooms with attached sunroom, 2 cars garage which is currently rented out on month-to-month lease. The second house built in 2024 and has 4 bedrooms and 2.5 bathrooms. The house is equipped with new appliances, cat5 cabling, smart HVAC and Water Heater and ready for solar panels installation.
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| Apr 22, 2022 | No longer available | - | |
| No longer available | |||
| Apr 13, 2022 | Listed by LX Realty | $719,000 | |
| Listed by LX Realty | |||
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For sale single family house 1330 SF sited on almost 1 acre secluded parcel. The property consists of 3 bedrooms with 2 bathrooms, attached Sunroom and garage. The interior of the house went throughout major rehab in 2018. There is approved and stamped plane for ready to build new 4 bedrooms and 2,5 bathrooms 1250 SF ADU. The purchaser encourages to investigate further for potential developments under senate bill SB9 for construction of additional units. The manager has listed the unit size as 1330 square feet.
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| Aug 29, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017