12 Luann Lane
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 29, 2020 | Sold | ||
| Sold | |||
| Nov 11, 2020 | Listed by Keller Williams Gateway Realty/Salem | $225,000 | |
| Listed by Keller Williams Gateway Realty/Salem | |||
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Come build your dream home on this private wooded lot in the woods. BUILDING LOT APPROVED. PERC TEST DONE! Listen to the wildlife as you hike around your 5 acres of pure serenity or walk to the rear where you can enjoy fishing, skating, kayaking and canoeing in the pond among the Great Blue Herons and soaring birds of prey. Watch the beavers and the occasional otter play and build their homes. Due to the severe drought, the pond is very low right now but will come back. Privacy is yours from the moment you enter where the future driveway will be until you reach THE spot where your home will be built. Available right now. Sellers had building lot approved for a single family with an accessory dwelling. Bring your plans to your builder and get started!
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| Nov 9, 2020 | Sold | ||
| Sold | |||
| Oct 2, 2020 | Listed by Keller Williams Gateway Realty/Salem | $585,000 | |
| Listed by Keller Williams Gateway Realty/Salem | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017