16 Lorena Rd
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 |
|---|---|---|---|
| Jan 30, 2018 | Sold | ||
| Sold | |||
| Dec 20, 2016 | Listed by Better Homes and Gardens Real Estate - The Shanahan Group | $2,395,000 | |
| Listed by Better Homes and Gardens Real Estate - The Shanahan Group | |||
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Spectacular New Construction sited in the new 6 Lot French Hill Development. This is the second home to be built that will offer stunning interior design with an open floor plan. Oak,stone & ceramic floors, 9' ceilings, custom millwork and built-ins,marble fireplace, and cutting edge energy efficient insulation and construction are some of the many luxuries. Gorgeous chef's kitchen with floor-to-ceiling custom cabinetry, all Thermador appliances, quartzite counters, breakfast island, walk-in pantry and a butler's pantry. Second floor features a Spacious Master bedroom with his & hers walk-in closets and a luxurious bathroom, three additional generously sized bedrooms, one with en suite bathroom. Laundry room is found on the second floor and the third floor offers an additional bedroom & full bathroom.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017