2111 Lamonte Lane
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 |
|---|---|---|---|
| May 7, 2021 | Sold | ||
| Sold | |||
| Jan 29, 2021 | Listed by 1st Brokerage | $565,000 | |
| Listed by 1st Brokerage | |||
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Well designed update home in Oak Forest. The home was taken down to the studs in 2015 and a primary bedroom suite was added. This 3 bedroom 2 bath home features an open floor plan with high ceilings in the main living area, kitchen and primary suite. The kitchen features stainless steel appliances, gas range with a pot filler and under counter lighting. The primary bedroom is spacious. The en suite bath has dual vanities, spa soaking tub, separate frameless shower and a water closet. The large walk in closet has plenty of storage. The backyard oasis is ready for you to relax with multiple seating options. Enjoy fresh vegetables and herbs grown in you raised garden, complete with a drip irrigation system. There is still plenty of grassy area for the kids or dogs to play. The home is also equipped with a full gutter system and inground drainage. Easy access to walking trails and parks! Never flooded per seller!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017