1870 Lotus Ln
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 9, 2024 | No longer available | - | |
| No longer available | |||
| Apr 29, 2024 | In contract | - | |
| In contract | |||
| Apr 26, 2024 | Price Increased |
$1,175,000
↑ $177K
(17.8%) | |
| Price Increased | |||
| Apr 19, 2024 | Listed by eXp Realty of California, Inc. | $997,888 | |
| Listed by eXp Realty of California, Inc. | |||
| | |||
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Step inside and be captivated by the stunning features and upgrades throughout. The highlight of the home is the expansive kitchen, complete with beautiful quartz countertops and top-of-the-line stainless steel appliances. Whether you're a seasoned chef or simply enjoy cooking, this kitchen will exceed your expectations. The property boasts two primary bedrooms, each with its own ensuite bathroom, providing a luxurious retreat for relaxation and privacy. The additional bedrooms are well-appointed and versatile, accommodating guests or serving as home offices. Outside, the property offers ample space and potential. There is room to add an Accessory Dwelling Unit (ADU), providing an excellent opportunity for multi-generational living, a home office, or even a rental income stream. Additionally, the potential for RV or toy parking adds convenience and flexibility for outdoor enthusiasts. The two car garage provides ample space for parking vehicles and storage. Whether you have a collection of cars or need a workshop for your hobbies, this garage will meet your needs. Located in a desirable neighborhood, this property is conveniently close to amenities, schools, and transportation. With its remodeled interior, spacious lot, and endless potential, this home is an exceptional opportunity not to be missed. Don't delay, schedule a private showing today and explore the possibilities of making this remodeled property your dream home. Call or text Deborah for a private tour. 760-715-4295 The manager has listed the unit size as 2037 square feet.
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| Mar 20, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017