18 Buffum Lane
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 |
|---|---|---|---|
| Jun 25, 2021 | Sold | ||
| Sold | |||
| Jul 10, 2019 | Sold | ||
| Sold | |||
| May 9, 2018 | Listed by RE/MAX Advantage 1 | $379,900 | |
| Listed by RE/MAX Advantage 1 | |||
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Outstanding Colonial style home features kitchen remodel with granite counters/stainless appliances, gorgeous hardwood floors added, fireplace living room w/pellet stove, heated sun room, second floor has two large master suites with massive bathrooms and walk in closets, first floor office and bonus room, finished walkout basement w/pellet stove, potential in-law apt, security system, central A/C, central vac, huge 3+ car garage with very high ceilings, all located at the end of cul de sac only a short walk to Buffumville Lake !!
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| Jun 23, 2009 | Sold | ||
| Sold | |||
| Apr 18, 2008 | Listed by RE/MAX Advantage 1 | $339,900 | |
| Listed by RE/MAX Advantage 1 | |||
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PRICE IMPROVED AND READY TO GO! WHAT A VALUE!! THIS ONE OWNER HOME FEATURES GLEAMING HARDWOOD FLOORS, FIREPLACED LIVINGROOM, SUNROOM, BEAUTIFUL DINING ROOM W/FRENCH DOORS, 2ND FLOOR HAS TWO LARGE BEDROOMS WITH OVERSIZED BATHROOMS AND WHIRLPOOL TUBS, FINISHED BASEMENT SET UP AS IN-LAW, CENTRAL A/C, CENTRAL VAC, SECURITY, GENERATOR, PELLET STOVE, 3+ CAR GARAGE, SET ON A GORGEOUS 1 ACRE LOT WITH PARK LIKE GROUNDS,MANY FINE DETAILS!
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