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13024 Lofton Cliff DR
About This Property
Inside, you'll find a formal dining room for hosting and a cozy breakfast area that's perfect for mornings on the go. The central HVAC system is currently not working, and while the sellers aren't in a position to replace it, they've priced the home well below market to more than account for it. The home is absolutely livable as-is and gives buyers a chance to update over time, spread out the cost, and build equity along the way.
This is a fantastic opportunity for investors or for anyone looking for a more affordable price point and willing to put in a little TLC. If you've been wanting a home you can make your own without paying retail prices, this is it.
Step outside to a large backyard with a 10x10 patio - a great spot for relaxing, grilling, or planning your future upgrades.
At this value-driven price, the possibilities are wide open. Don't sleep on this one.
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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 |
|---|---|---|---|
| Feb 7, 2026 | In contract | - | |
| In contract | |||
| Jan 27, 2026 | Price Decreased |
$200,000
↓ $15K
(7%) | |
| Price Decreased | |||
| Jan 15, 2026 | In contract | - | |
| In contract | |||
| Jan 14, 2026 | Relisted | $215,000 | |
| Relisted | |||
| Jan 3, 2026 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017