27 Lafayette Lane
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 23, 2023 | Sold | ||
| Sold | |||
| Oct 3, 2023 | In contract | - | |
| In contract | |||
| Sep 26, 2023 | Listed by Keller Williams Elite | $399,900 | |
| Listed by Keller Williams Elite | |||
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Well Maintained Ranch in an outstanding location will wow you with its great bones! Conveniently located close to major highways & commuter rail, this original owner home offers 3 BDRMS,1 BA, a 2 car detached garage, a partially finished walk out basement & 3 season porch that overlooks an expansive & private back yard. The Living room w/ large picture window letting in natural light & a cozy fireplace greet you as you enter, while the eat-in kitchen is large w/ plenty of cabinets & access to the screened in porch. Hardwood floors are under all carpeting on the main level. The partially finished walkout basement offers additional living space, laundry hookups & storage space. Central Air, an updated heating system (2022), Water Heater (2019) & Roof (2013) are just some of the renovations that add to the appeal of this home. Septic has failed, home sold as is. An amazing opportunity awaits here for someone with vision & design ideas! Not all financing will qualify for this property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017