218 N Lorel Avenue
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 |
|---|---|---|---|
| Mar 9, 2022 | Sold | ||
| Sold | |||
| Jan 25, 2022 | Listed by Savvy Properties Inc | $359,900 | |
| Listed by Savvy Properties Inc | |||
| Mar 21, 2020 | No longer available | - | |
| No longer available | |||
| Jan 20, 2020 | Listed | $80,000 | |
| Listed | |||
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Cash Sale Investor's Special. Property being sold "AS-IS" Seller may or may NOT clean out property prior to settlement. Seller requests that Buyer use Seller's Title Company. Seller will not consider credits. Motivated Seller. Buyer pays all transfer tax.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017