121 Lorene Drive
About This Property
MULTIPLE OFFERS RECEIVED!! Highest & Best due by Sunday, June 20th at 5:00 PM.
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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 |
|---|---|---|---|
| Jul 23, 2021 | Sold | ||
| Sold | |||
| Jun 17, 2021 | Listed by Re/Max Suburban South | $310,000 | |
| Listed by Re/Max Suburban South | |||
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OUTSIDE THE CITY LIMITS!! NO HOA!! POOL!! NEW ROOF!! This beautifully updated 3 bedrooms 2 bath home sits on a little over half an acre. The kitchen has granite countertops and stainless steel appliances. Plantation shutters all across the front and bamboo hardwood floors throughout the home. Wait until you see this master bath!! Glass shower, soaking tub, towel warmer, and modern light fixtures. The home has a large flex space that could be used for a second living area, home office, or sunroom. The large backyard is perfect for entertaining with its swimming pool and pergola. The pool pump was replaced in May of 2021.
MULTIPLE OFFERS RECEIVED!! Highest & Best due by Sunday, June 20th at 5:00 PM.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017