1723 Lamonte Lane
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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 |
|---|---|---|---|
| Aug 16, 2021 | Sold | ||
| Sold | |||
| Jul 16, 2021 | Listed by Martha Turner Sotheby's | $325,000 | |
| Listed by Martha Turner Sotheby's | |||
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A tremendous opportunity for a building site within Oak Forest! Lovely wooded lot, 7200 sq.ft. per hcad. Small home that has been tenant occupied. Near so many updated and new construction homes and zoned to Stevens Elementary. Easy walk to Stevens Elementary or Frank Black Middle School. (Frank Black is vanguard middle school). Cute little cottage home with window units is there now with a beautiful back yard which tenant maintained very well.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017