27 Lorraine Terrace
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 28, 2019 | Sold | ||
| Sold | |||
| Sep 4, 2019 | Sold | ||
| Sold | |||
| Jun 27, 2019 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $1,349,900 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
| Oct 15, 2018 | Sold | ||
| Sold | |||
| Aug 14, 2018 | Listed by William Raveis R.E. & Home Services | $1,289,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Nestled in one of Arlington’s best kept secret neighborhoods come see this warm, inviting home. The open concept first floor and cook’s kitchen are great for entertaining, with two sinks, a built-in gas cook top, double oven, center island and granite counters. The 42’ deck and brick patio are an extension of the living area and perfect for morning coffee or barbecues. The landscaped yard borders a wooded conservation area with walking trails. Relax in front of the gas fireplace or watch the game in the spacious family room with built-in flat screen and surround sound system. The second-floor laundry room with sink make chores a breeze. The master suite has a sky-lit bath with double shower and an adjacent 12’ x 12’custom, walk-in closet. The house is easily expanded to 4-5 bedrooms with a nicely finished 3rd floor. The dry basement is great for a shop or mudroom or may be fully finished. Come and see this very special home. Agent is the Seller.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017