120 Lawrence Road
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 |
|---|---|---|---|
| Mar 28, 2019 | Sold | ||
| Sold | |||
| May 24, 2018 | Listed by BHHS Verani Londonderry | $450,000 | |
| Listed by BHHS Verani Londonderry | |||
| Jul 30, 2017 | Listed | $1,100,000 | |
| Listed | |||
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Business on site since the 1970's. Imagine the possibilities for this site, just minutes from Route 28 and 93. This location would be great for for a storage unit facility or small development with a variance from the town. From the moment you enter the driveway you will will be amazed by the private sanctuary that greets you along the Spickett River. The Log home was a former model home complete with the most amazing fireplaces. Enjoy the front porch that spans the front of the home and enjoy the evenings on the full screened in porch in the back while listening to and watching the wildlife. You feel like you are on vacation, miles away from the city, in reality you are close to everything. The The 29 x 50 foot garage/barn has three bays, 14 foot ceilings and a full second floor. The garage is a contractors dream complete with heat and all the storage room you could possibly need. The second floor comes complete with your own private gym fully equipped from a former professional gym. From the walk out basement you can step into the 5 person hot tub and watch the deer as they pass by. Less than a mile from the new Tuscan Village complex. The manager has listed the unit size as 2496 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017