2119 Desoto Drive
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 |
|---|---|---|---|
| Oct 27, 2026 | Price Decreased |
$249,900
↓ $5K
(2%) | |
| Price Decreased | |||
| Sep 5, 2026 | Price Decreased |
$255,000
↓ $5K
(1.9%) | |
| Price Decreased | |||
| Jul 27, 2026 | Listed by Lake Michigan Realty Mgmt | $260,000 | |
| Listed by Lake Michigan Realty Mgmt | |||
| Dec 5, 2023 | Sold | ||
| Sold | |||
| Oct 17, 2023 | Listed by LEFERE REALTY | $142,500 | |
| Listed by LEFERE REALTY | |||
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Three bedroom, 2.5 bath home in the City of Lansing. New vinyl flooring in kitchen around into 1/2 bath, new carpet in upstairs hallway and master bedroom, new vinyl flooring in upstairs full bath and some newer light fixtures. Home has a 2.5 car attached garage, deck and shed. Located on a quiet cul-de-sac close to highways. ''Please submit all offers to www.PropOffers.com. BUYER'S AGENT IS TO PAY A $175.00 OFFER MANAGEMENT FEE AT CLOSING OF ANY ACCEPTED OFFER. If you choose to use the Sellers preferred title insurance provider, the seller will pay for the buyer's owner title policy. All cash offers must be presented with proof of funds.'' Please be advised that any offers on this property require a minimum Earnest Money Deposit of 1% of the Purchase Price or $2,000, whichever is greater
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017