1985 Lomax School Road
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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 |
|---|---|---|---|
| Aug 20, 2021 | Sold | ||
| Sold | |||
| May 20, 2021 | Listed by Prime Realty Group | $625,000 | |
| Listed by Prime Realty Group | |||
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Beautiful Custom Home. Located in Lomax, the heart of La porte. This spacious home has 3055 SQFT with 4 bedrooms and 3.5 bathrooms. This home offers custom cabinets throughout home, tankless water heater, foam insulation, 3 fireplaces, 10 foot custom doors, walk in attic with storage, surround sound in living room, bathroom, and game room. This home also has everything you would expect in in an upscale modern home. This home has 1 acre of land enough for your to bring your horses. Concrete has been poured for a garage, barn or shop. Make your appointment today and make this home your own!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017