1186 Lugo
About This Property
The efficient floor plan makes great use of the space and offers an excellent opportunity for a first-time buyer, downsizer, or buyer looking for a manageable home with additional flexibility. The home ha been well maintained and features laminate flooring throughout the main living areas, plantation shutters, and built-in closet organizers for added storage and convenience.
The original two-car garage includes an additional finished room that now occupies a portion of the garage space. The room is not included in the listed square footage. This bonus space may be useful as a home office, hobby room, workout area, storage, or other flexible-use space.
Conveniently located in Colton with access to shopping, dining, schools, and major commuter routes. A great opportunity to own a well-maintained home with two bathrooms, a covered patio, private outdoor space, and extra bonus-room potential.
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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 20, 2026 | Sold | ||
| Sold | |||
| Sep 30, 2026 | In contract | - | |
| In contract | |||
| Sep 13, 2026 | Listed by KELLER WILLIAMS RIVERSIDE CENT | $485,000 | |
| Listed by KELLER WILLIAMS RIVERSIDE CENT | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017