11371 Lanewood Circle
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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 7, 2021 | Sold | ||
| Sold | |||
| Jul 30, 2021 | Listed by David Griffin & Company | $270,000 | |
| Listed by David Griffin & Company | |||
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Multiple Offers Received, Best and Final due by 6pm Tuesday 8.3.2021. Lockwood area home in very good condition with many updates ready for new owner. This 3 bed, 1 bath home has updated kitchen w-extra cabinets, pull out storage drawers. Gas range, built in microwave w-venting to outside. Original 1 car garage has been enclosed to include 2nd living room, WBFP, utility room w-connections for full-sized W-D. Large pantry off dining room & French door to backyard. Full bath has built in cabinets, medicine cabinet, shelves & pedestal sink. Backyard w-wood privacy fence & full-sized 2 car garage w-rear entry via automatic gate & GDO. Garage w-work area & has electricity for all your work needs.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017