11 Restorative Lane
About This Property
This home has four bedrooms, three full baths, hardwood and tile flooring, as well as an eat-in kitchen with an island. There is a fireplace, rear deck, covered front porch, two car attached garage and a full walkout basement. The place is in overall solid condition, but will definitely need plenty of cosmetic updates as well as some carpentry repairs and masonry work outside. The repairs needed are likely to be just enough that a rehab loan would be needed for a financed purchase. Come take a look at this one today, it has wonderful potential. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,
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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 30, 2020 | Sold | ||
| Sold | |||
| May 3, 2020 | No longer available | - | |
| No longer available | |||
| Apr 8, 2020 | Listed by John J Lease REALTORS Inc | $299,000 | |
| Listed by John J Lease REALTORS Inc | |||
| | |||
|
Tell you what we re going to do. If you are willing to do some cleaning, painting, carpeting, and a variety of generally minor repairs, then the owner is willing to sell you this nearly 3000 sqft colonial in the Minisink School District for a very reasonable price. This home has four bedrooms, three full baths, hardwood and tile flooring, as well as an eat-in kitchen with an island. There is a fireplace, rear deck, covered front porch, two car attached garage and a full walkout basement. The place is in overall solid condition, but will definitely need plenty of cosmetic updates as well as some carpentry repairs and masonry work outside. The repairs needed are likely to be just enough that a rehab loan would be needed for a financed purchase. Come take a look at this one today, it has wonderful potential. The manager has listed the unit size as 2732 square feet.
| |||
| Feb 11, 2020 | Listed by John J Lease REALTORS Inc | $299,000 | |
| Listed by John J Lease REALTORS Inc | |||
| Mar 11, 2019 | Sold | ||
| Sold | |||
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About Orange
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017