2347 Lansing 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 |
|---|---|---|---|
| Oct 6, 2026 | Sold | ||
| Sold | |||
| Sep 3, 2026 | In contract | - | |
| In contract | |||
| Aug 20, 2026 | Listed by The Charles Reinhart Company | $99,000 | |
| Listed by The Charles Reinhart Company | |||
| Nov 26, 2024 | Sold | ||
| Sold | |||
| Sep 13, 2024 | Listed by ERA REARDON REALTY, L.L.C. | $74,900 | |
| Listed by ERA REARDON REALTY, L.L.C. | |||
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Back on Market! Buyer backed out before inspection. Affordable and ready for investors or individuals looking to break into the real estate market! Situated in a sought after location, this property hosts nearly 1 acre and offers tremendous opportunities. While the house is in need of renovations, its prime positioning makes it a rare chance for the savvy and motivated individual. Currently zoned residential, it is surrounded by commercial businesses and is close to I-94 and other major roadways in Jackson County. This property could make a great rental or perhaps a unique live-work environment.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017