1123 Baffin Lane
About This Property
This one is for you, a 2 Story, 4 bedroom house on a Cul de Sac with formal dining, with family room and game room right off the open floor kitchen. The completed Man Cave built behind the 2 car garage is a must see. Now this house does need work on the first floor due to being flooded during Harvey but at this point most of the work is finishing and cosmetic. Plumbing is now all Pex, all new electrical, all new HVAC system, over 100 studs replaced along with insulation and radiant barrier added. The numbers work all day!
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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 |
|---|---|---|---|
| Sep 14, 2022 | Sold | ||
| Sold | |||
| Aug 12, 2022 | Listed by Keller Williams Professionals | $200,000 | |
| Listed by Keller Williams Professionals | |||
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INVESTORS!
This one is for you, a 2 Story, 4 bedroom house on a Cul de Sac with formal dining, with family room and game room right off the open floor kitchen. The completed Man Cave built behind the 2 car garage is a must see. Now this house does need work on the first floor due to being flooded during Harvey but at this point most of the work is finishing and cosmetic. Plumbing is now all Pex, all new electrical, all new HVAC system, over 100 studs replaced along with insulation and radiant barrier added. The numbers work all day!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017