11919 105th LANE
About This Property
(the main bedroom has carpet-but terrazzo underneath). Newer kitchen cabinets, Remodeled shower in bathroom. Family room is
great for TV watching or just relaxing. Newer style windows. The outdoor space is amazing. Roast marshmallows in the fire pit. Throw a backyard party in your Cabana/Tiki hut with bar. Large concrete table with is perfect for outdoor dining. Solid Block construction. House has some fold down awnings and gutters. Oversize carport 16' X 23'. Storage shed off carport and additional cabinets provide plenty storage. Convenient location for shopping, restaurants and more. Beautiful Gulf of Mexico beaches are about 10 minutes away.
Note: Public records show base sq. ft. as 671. The family room at 99 Sq. Ft. and laundry at 45 Sq. Ft. (combined together for 815 Sq. Ft.) There are no ac vents directly into those two rooms but the family is open to the house and the laundry has a door off the kitchen.
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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 |
|---|---|---|---|
| Jan 30, 2024 | Sold | ||
| Sold | |||
| Dec 22, 2023 | In contract | - | |
| In contract | |||
| Dec 1, 2023 | Price Decreased |
$305,000
↓ $10K
(3.2%) | |
| Price Decreased | |||
| Nov 27, 2023 | Price Decreased |
$315,000
↓ $10K
(3.1%) | |
| Price Decreased | |||
| Nov 16, 2023 | Price Decreased |
$325,000
↓ $4K
(1.2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017