18215 Fair Grange 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 |
|---|---|---|---|
| May 10, 2021 | Sold | ||
| Sold | |||
| Feb 4, 2021 | Listed by Offerpad Brokerage, LLC | $273,900 | |
| Listed by Offerpad Brokerage, LLC | |||
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Don't miss this two story home in Westgate! NEW ROOF! This home has been refreshed with new interior paint and new luxury vinyl plank flooring. The kitchen features an island with a butcher board top for extra prep and storage and stainless steel appliances including a 5 burner gas range. The primary bedroom is on the main floor for added privacy. The primary ensuite bathroom has a separate shower and tub and a large walk in closet. All secondary bedrooms, another full bathroom, and a spacious game room are located on the second floor. All bedrooms are spacious with ceiling fans and ample closet space. The backyard has a large patio area for outdoor entertaining. Close to schools, shopping, and dining. Vacant and ready for viewing, come see!
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About Westgate
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017