208 Lawrence Road
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%.
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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 |
|---|---|---|---|
| Jan 20, 2023 | Sold | ||
| Sold | |||
| Sep 14, 2022 | Listed by RE/MAX Partners | $490,000 | |
| Listed by RE/MAX Partners | |||
| May 1, 2020 | Sold | ||
| Sold | |||
| Mar 10, 2020 | Listed by Jill & Co. Realty Group | $300,000 | |
| Listed by Jill & Co. Realty Group | |||
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Check this house out! This 8-room Ranch with 2-car garage, situated on a 0.58 acre lot, offers 5 rooms for the owner plus a 3-room in-law apartment! The living room, with sliders to a deck, has hardwood flooring and a ceiling fan, as does the dining room. The kitchen has wood cabinetry, a ceiling fan and an eating area. Both bedrooms have w/w carpeting and good closet space (note 2nd bedroom does not have a window). Main bath is good-sized. The 1993 in-law addition features a living/dining room combo and kitchen, all with hardwood flooring, a bedroom with double closet, ceiling fan and hardwood flooring, and a large 3/4 bath with laundry hook-ups. Laundry hook-ups for the main house are in the walk-out basement, where there is also a semi-finished, 09'x'11' room (no flooring), and access to a crawl space under the addition. Burnham boiler with Beckett burner appears to be newer plus electric service updated. There is a storage shed in the level yard, and ample parking in the driveway.
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| Oct 5, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017