1657 LOZANO DRIVE
About This Property
Exceptional care and thoughtful updates by owners of 37+ years makes this property a home for living well and very well suited for multi-generational living. Gathering rooms on the main and split lower levels flow well for small and large gatherings alike. The large eat-in Kitchen moves seamlessly into the Dining and Living and Great Rooms. The expansive Great Room, with its walls of windows and glass doors bring the outdoors in, and the wrap around deck and screened gazebo promise to provide endless hours of enjoyment in the lush, large yard. Imagine enjoying perfect morning sunrises on the deck, sitting in your screened gazebo enjoying night breezes or a light rain!
Family Room cabinetry and shelving handily store an abundance of treasures! Cat5 wiring is a nice plus. Mud Room located off the garage provides additional storage and prep space.
Very recent 2024 updates include tankless gas water heater, HVAC with high efficiency furnace and AC condensing unit, Great Room flooring, and sump pump with battery back-up. Additional updates in recent years include remodeled baths, electric panel, and exterior flagstone path. Trash compactor as is.
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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 |
|---|---|---|---|
| Nov 6, 2024 | Sold | ||
| Sold | |||
| Oct 16, 2024 | In contract | - | |
| In contract | |||
| Oct 11, 2024 | Price Decreased |
$1,225,000
↓ $70K
(5.4%) | |
| Price Decreased | |||
| Sep 23, 2024 | Price Increased |
$1,295,000
↑ $70K
(5.7%) | |
| Price Increased | |||
| Sep 18, 2024 | Listed by Corcoran McEnearney | $1,225,000 | |
| Listed by Corcoran McEnearney | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017