2108 Lake Worth 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 |
|---|---|---|---|
| Oct 31, 2024 | Sold | ||
| Sold | |||
| Mar 13, 2024 | Listed by LAB Real Estate LLC | $290,000 | |
| Listed by LAB Real Estate LLC | |||
| Apr 24, 2022 | No longer available | - | |
| No longer available | |||
| Apr 2, 2022 | Listed by EXP Realty LLC | $332,500 | |
| Listed by EXP Realty LLC | |||
| | |||
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Perfect opportunity to build your own Professional Office 1st floor, live on 2nd floor (duplex on top permitted without any changes needed). Commercial high intensity, The following uses are permitted as is, Medical Marajuana dispensary, Vet Clinic, Pet grooming, oil change, DUPLEX, Pharmacy, catering service, Car Wash, financial inst, check cashing store, laundry service, property mgmt, employment center, travel, advertising, ADA lending services, currency exchanges, consulting, traffic injury lawyer, private companies, utility co, public agency, unemployment, art, beauty salon, tattoo, spa, massage, diet, clothing, window tinting, marine supply, auto parts, building supplies, grocery, CBD, vapor, lawn mowers, mopeds, City water/sewer/utilities onsite other uses DRO/Board approval needed
| |||
| Dec 7, 2020 | No longer available | - | |
| No longer available | |||
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About Lake Worth
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017