160 Lorimer Street
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 |
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| Oct 29, 2026 | Listed by Town'N Country Realty | $829,000 | |
| Listed by Town'N Country Realty | |||
| Mar 14, 2024 | Sold | ||
| Sold | |||
| Feb 5, 2024 | Listed by Berkshire Hathaway HS Real Time Realty | $798,000 | |
| Listed by Berkshire Hathaway HS Real Time Realty | |||
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Experience luxury living in this 3-bedroom, 2.5-bath gem situated near downtown Salinas and close to Hartnell College. Revel in the allure of elegant high ceilings and a fully updated interior featuring new flooring, kitchen, bathrooms, paint, and more. The one-of-a-kind architectural design adds a touch of sophistication. The exterior has a unique backyard and a picturesque long driveway leading to the garage creating a charming ambiance. Explore possibilities with a fenced backyard, perfect for your personal touch. Check with the city about the potential for an Additional Dwelling Unit (ADU). Don't miss the chance to make this property your dream home. Close to shopping centers and Monterey Peninsula.
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| Aug 16, 2023 | Sold | ||
| Sold | |||
| May 9, 2023 | Listed by Monterey Dunes Company | $725,000 | |
| Listed by Monterey Dunes Company | |||
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Classic and lovely 2-Bedroom, 1 1/2 Bathroom craftsmen stile house in old Salinas, near Hartnell College. This is a cozy suburban house with a detached, two car garage with storage room, laundry room and 1/2 bath. Backyard that is good for gardening, all located in a quiet, cozy neighborhood. The home includes a living room with a fireplace, a traditional dining room, and a sunroom off of the kitchen plus a small basement...
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017