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10610 LORAIN AVENUE
About This Property
**Additional updates include: flood proof window wells to basement (2016), garage automation and door (2016), fireplace improvements (2016), duct work (2017), hot water heater (2018) ... See disclosures for full list of updates!**
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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 |
|---|---|---|---|
| May 1, 2024 | Sold | ||
| Sold | |||
| Apr 4, 2024 | In contract | - | |
| In contract | |||
| Mar 14, 2024 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $799,900 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
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Welcome to the perfect blending of old-world charm and modern day luxuries in this all-brick Colonial! The Chef's kitchen, complete with a granite peninsula, ample table space, and stainless steel appliances sets the stage for culinary adventures. The living room exudes warmth, flooded with natural light, original hardwood floors, and punctuated by a cozy wood-burning fireplace. Main level bedroom and full bath! The finished lower level offers a homey family room, private bedroom or office, full bath, and direct garage access. Outside, the fenced yard boasts picture-perfect entertaining spaces, with an extended oversized flagstone patio and multitiered landscaping. In the highly coveted Woodmoor community, with quick access to major commuter arteries as well as nearby Trader Joe's. Starbucks, Woodmoor Shopping Center & the Northwest Branch Trail..
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| Dec 21, 2021 | Sold | ||
| Sold | |||
| Oct 14, 2021 | Listed by Keller Williams Realty Centre | $730,000 | |
| Listed by Keller Williams Realty Centre | |||
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About Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017