13601 Luthe 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 |
|---|---|---|---|
| Aug 10, 2022 | Sold | ||
| Sold | |||
| Jul 13, 2022 | Listed by Keller Williams Realty - Memorial | $399,999 | |
| Listed by Keller Williams Realty - Memorial | |||
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This home is a wonderful investment opportunity and in a very prime location, right off the Hardy Toll Road. Unrestricted 1.99 acres mostly cleared land. The home need work but all the rooms are very spacious. Real wood floors in the large living room. There is a large car port and work shed attached to the house. The owner once had horses so there is an old barn on the property. the yard is fenced and has a separate fenced in back yard. Septic and Well on the property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017