2516 LIGHTFOOT DR
About This Property
Downstairs there's a partially finished multipurpose room, extra storage, utility room, and laundry room with Samsung washer/dryer which will convey.
On the second floor, you'll encounter a BEAUTIFUL full bath, complete with ceramic tile flooring, a jetted tub/shower combo with custom tile and glass doors.
There are two generously sized bedrooms, with hardwood floors, and closets with built in storage, one leading to attic access.
The spacious Primary Suite also has hardwood floors, a large closet with built in storage. Along with an updated Primary/EnSuite bath with ceramic tile flooring, a waterfall style shower head, all within a semi-quadrant glass enclosure.
The entire home features updates and upgrades GALORE, with room to expand. Electric Panel upgraded to 200 AMPS in 2022. Roof, flooring, kitchen and baths upgraded within last 2-3 years. High end HVAC and humidifier are approximately 8-9 years old . Close to The Quarry, major highways, Stevenson University, shopping and other amenities. This one will not last! Call NOW for a showing! Ask about 6% financing!
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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 |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Jun 20, 2024 | In contract | - | |
| In contract | |||
| Jun 18, 2024 | Price Decreased |
$599,999
↓ $25K
(4%) | |
| Price Decreased | |||
| Jun 3, 2024 | Price Decreased |
$624,750
↓ $25K
(3.9%) | |
| Price Decreased | |||
| May 20, 2024 | Price Decreased |
$649,860
↓ $25K
(3.7%) | |
| Price Decreased | |||
Property Highlights
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About Pikesville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017