174 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 |
|---|---|---|---|
| Jul 9, 2021 | Sold | ||
| Sold | |||
| May 12, 2021 | Listed by Intero Real Estate Services | $780,000 | |
| Listed by Intero Real Estate Services | |||
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Spanish Style Beauty in South Salinas! This charming move-in ready home has 3 Bedrooms - oversize Master Bedroom - 2 Baths - and finished Basement - all on a Larger Lot! Large windows throughout the home bring in lots of natural light. Living room with fireplace opens up to the breakfast nook. Galley kitchen feels spacious with wide hall and large windows. Dining room has built-in buffet - unique to older South Salinas homes! Two bedrooms feature coved ceilings, in keeping with the vintage style. Laundry room is indoors, adjacent to the kitchen, and leads to the basement. The newly finished basement has under the stairs storage, window, and recessed lighting. Large enclosed backyard offers privacy and space for outdoor dining. Yard also includes dog run, gardening beds, and various fruit trees. Newer carport doors add to the home's curb appeal!
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| Jun 19, 2019 | Sold | ||
| Sold | |||
| Feb 16, 2019 | Listed by Homes By The Sea Real Estate Inc | $558,000 | |
| Listed by Homes By The Sea Real Estate Inc | |||
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Hurry! this beautifully remodeled , 3 bedrooms, 2 baths wonderfully located home will not last. Ready to start making memories in this charming spanish style home.
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| Sep 5, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017