18262 Lanaca Street
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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 |
|---|---|---|---|
| Sep 15, 2017 | Sold | ||
| Sold | |||
| Jul 13, 2017 | Listed | $424,900 | |
| Listed | |||
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Back on Market as Buyer could not preform. No Fault of seller. Welcome home to 18262 Lanaca St. This wonderful updated 3 bed 2 bath home features a large lot with plenty of room for gardening or expansion. The highly desirable single story home features recently remodeled kitchen and updated bathrooms. Hardwood flooring through and an attached 2 car garage provide additional convenience. From the low maintenance front yard to the back yard porch you will find yourself inviting family ad friends over for summertime BBQ. Perfect for the first time home buyer or investor this hidden gem will not last. The only thing this home is missing is you!!! FHAThe manager has listed the unit size as 1118 square feet.
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| Jul 3, 2017 | Listed by Re/Max Real Pros | $430,000 | |
| Listed by Re/Max Real Pros | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017