11519 Socorro Lane
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 |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Oct 28, 2024 | In contract | - | |
| In contract | |||
| Aug 30, 2024 | No longer available | - | |
| No longer available | |||
| Aug 29, 2024 | Listed by RE/MAX ONE - Premier | $420,000 | |
| Listed by RE/MAX ONE - Premier | |||
| | |||
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Welcome to your dream home! This beautifully updated two-story residence offers a perfect blend of elegance, comfort, and modern living. With 4/5 bedrooms, a game room, formal dining, and a cozy den, there's plenty of space for everyone. Spacious and versatile, with ample room for family, guests, or a home office. Kitchen features contemporary finishes, stainless steel appliances, and plenty of counter space for all your culinary adventures. Formal Dining is ideal for hosting dinner parties and holiday gatherings. Backyard Oasis: A large backyard with enough space to add a pool, perfect for outdoor activities and gardening. Spacious Covered Back Patio: An ideal spot for outdoor entertaining, BBQs, or simply unwinding with a good book. This home is not just a place to live, but a place to love. Don't miss the opportunity to make it yours! Contact us today to schedule a tour and experience all the wonderful features this home has to offer.
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| Aug 13, 2024 | Price Decreased |
$435,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017