11223 Lovington Drive
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 |
|---|---|---|---|
| Feb 25, 2022 | Sold | ||
| Sold | |||
| Jan 14, 2022 | Listed by Metro Plus Realty PLLC | $240,000 | |
| Listed by Metro Plus Realty PLLC | |||
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Beautifully maintained single story home with multiple upgrades and charming brick exterior! This house has new ac unit, new microwave, new laminate flooring, new backsplash in the kitchen and laundry room step inside to find warm and modern new paint throughout the house. A sunny front room is ideal for a bedroom or a spacious home office. A fully upgraded kitchen includes granite counters, stainless steel appliances, and breakfast bar! Breakfast area looks out onto the backyard. The primary bedroom also has new flooring. The principal bath offers double sinks set into granite counters and tiled walk-in shower. Two additional bedrooms and an updated full bathroom round out the interiors. The private backyard features plenty of space and the massive covered patio with 3 ceiling fan gives this fully-fenced back yard plenty of room to play and have a nice BBQ.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017