24791 Lobo Drive
About This Property
Additional UPGRADES abound:
New interior and exterior PAINT. Newer ROOF. Energy-efficient WINDOWS and SLIDING patio doors. New frameless SHOWER glass doors. New CLOSET doors. The new electrical and LIGHTING illuminate every corner, including can lights, chandeliers, pendant lights, and outdoor fixtures. All new DOORS, handles, and locks were upgraded for a cohesive look. All three bathrooms boast new FIXTURES, TILES, VANITIES, PLUMBING, and quartz COUNTERTOPS. New ATTIC insulation ensures energy efficiency. The new AC SYSTEM-condenser, furnace, coil, and vents-provides comfort year-round.
New side yard FENCES were installed for privacy and security. PEX Plumbing.
Conveniently located near schools, FWY, shopping, and dining.
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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 |
|---|---|---|---|
| Aug 20, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| Jul 12, 2024 | Listed by Coldwell Banker Realty | $1,288,800 | |
| Listed by Coldwell Banker Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017