18 Lotus 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 8, 2024 | Sold | ||
| Sold | |||
| Sep 18, 2024 | In contract | - | |
| In contract | |||
| Sep 12, 2024 | Listed by Today Real Estate, Inc. | $189,900 | |
| Listed by Today Real Estate, Inc. | |||
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Investors take notice! In need of clean out and rehab, the location of this 4 Bedroom, 2 Bath Home in the Tatham area of West Springfield on a non-thru Street offers a great opportunity. First Floor has the Living Room, Kitchen, 2 Bedrooms and a Full Bath. Second Floor has 2 additional Bedrooms and a Full Bath. The Basement is a Walk-out, and has a Finished Room with a large picture window. There is a storage shed in the rear yard. This Home could be adorable! SHOWINGS WILL BE SATURDAY AND SUNDAY, SEPTEMBER 14th and 15th, 10:00am to 6:00pm. Buyer's agent to be present. Deadline for offers Monday, September 16th, 12:00pm. It is likely that this property will not qualify for any financing. Use Front door to enter and exit. Please do not open side or basement doors. Buyer to verify any and all information.
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| Mar 31, 2000 | Sold | ||
| Sold | |||
| Sep 22, 1989 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017