11067 Lorene
About This Property
The heart of the home is the fully remodeled custom kitchen, featuring updated shaker cabinetry, quality countertops, and a dedicated bar/coffee station that adds both functionality and a touch of luxury. Hardwood flooring runs throughout much of the home, complemented by recessed lighting, updated interior doors, and two fireplaces that create a warm and inviting living environment.
Major capital improvements include a newer roof, dual-pane windows, upgraded PEX plumbing, a new 200-amp electrical panel, and a newer water heater. The type of big-ticket upgrades buyers rarely find already completed. Both bathrooms have also been tastefully updated, and custom California Closets organizers add practical, high-end storage solutions.
The exterior has been enhanced with fresh paint, updated architectural front details, new gates, and mature landscaping featuring an olive tree, rose bushes, and landscape lighting. The backyard offers a welcoming firepit area, creating a great setting for entertaining or relaxing outdoors.
Conveniently located near Palm Park, local dining, shopping, and the 605 freeway, along with proximity to Longfellow Elementary and Dexter Middle School, this home offers both comfort and convenience in a well-established neighborhood.
A move-in ready property where the important upgrades have already been done.
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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 |
|---|---|---|---|
| Oct 9, 2026 | In contract | - | |
| In contract | |||
| Sep 23, 2026 | Listed by Compass | $899,900 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017