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28 Loring Street
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 |
|---|---|---|---|
| Apr 16, 2024 | No longer available | - | |
| No longer available | |||
| Apr 11, 2024 | Listed by Residential Properties Ltd. | $349,828 | |
| Listed by Residential Properties Ltd. | |||
| | |||
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Fully remodeled 2-3 bed Ranch located on quiet dead end street. Maintenance free vinyl exterior. Interior features open floor plan, custom high end kitchen with all new stainless appliance package. All new flooring, many electrical upgrades, new bath and plumbing. Custom open staircase to fully finished basement bring the total square footage of living space to almost 2,000. A must see for the buyer looking for a complete move in ready house too many updates to list. Taxes do not include the 25% homestead exemption available to an owner occupant buyer lowering the tax bill to $2554 The manager has listed the unit size as 1120 square feet.
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| Mar 22, 2024 | Sold | ||
| Sold | |||
| Oct 6, 2006 | Sold | ||
| Sold | |||
| Jun 28, 2006 | Listed | $234,900 | |
| Listed | |||
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