16231 S Lathrop Avenue
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 |
|---|---|---|---|
| Nov 4, 2024 | Sold | ||
| Sold | |||
| Sep 13, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 4, 2024 | Listed by Realty Executives Midwest | $159,900 | |
| Listed by Realty Executives Midwest | |||
| Aug 21, 2024 | Listed by Realty Executives Midwest | $169,900 | |
| Listed by Realty Executives Midwest | |||
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Welcome to the most beautiful 3 bedroom, 1 and half bathroom house on the block. This meticulously renovated single-family home is ready for you to move right in. As soon as you pull up, you will notice brand NEW roof, freshly painted siding. As you step inside, beautiful accent wall will catch you eye right away. Luxury vinyl flooring throughout, freshly painted, newly renovated bathroom, renovated kitchen, granite counter tops, brand new stainless steal appliances, new carpets in the bedrooms and so much more. Have you noticed the lights throughout the house? Brand new A/C will serve you for many years to come. Step into the partially fenced in backyard and imagine having a barbecue with family or friends. Easy access to expressways. This one will not last. Welcome HOME!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017