14433 Loving Lane
About This Property
This property features 3 bedrooms, 3 bathrooms, a laundry room, beautiful open concept kitchen with custom cabinets, ample storage space, and a sizable island. Spacious living room and dining room area. Central Refrigerated air. Comfortable Jacuzzi in the back porch, sits 4 people. 5 Pistachio Trees.
Additionally, there is a separate flex building at the back of the lot with its own main entry door, car garage door; currently used as a gym.
Located in Homestead Meadows, this property allows for animals and various types of residential uses on the same lot. It also offers commercial potential.
With plenty of parking space, this is a fantastic opportunity.
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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 |
|---|---|---|---|
| Oct 15, 2024 | Sold | ||
| Sold | |||
| Sep 21, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | Price Decreased |
$420,000
↓ $30K
(6.7%) | |
| Price Decreased | |||
| Jun 30, 2024 | Listed by Alpha Omega Real Estate Group LLC | $450,000 | |
| Listed by Alpha Omega Real Estate Group LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017