2202 Lark LN
About This Property
Sellers have a 2.75% FHA loan with balance of approximately $210,000 which is assumable
Lot next door can be bought along with this wonderful home to allow for lots of room for whatever you may want to create for a backyard retreat see MLS#5092124 The lot is marked by paint line in backyard to show approximate proprty line, without the adjacent lot
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 27, 2024 | In contract | - | |
| In contract | |||
| Jun 12, 2024 | Price Decreased |
$430,000
↓ $20K
(4.4%) | |
| Price Decreased | |||
| May 10, 2024 | Listed by List to Sell | $450,000 | |
| Listed by List to Sell | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017