3 Loring Ave
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 |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Aug 6, 2018 | Sold | ||
| Sold | |||
| Jun 8, 2018 | Listed | $375,000 | |
| Listed | |||
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Rare riverfront offering that comes around only once every couple of generations. This has been lovingly maintained by . It sits on a quiet side street with easy access to Route 128, The commuter rail to Boston and Cummings Center. This house boasts a riverfront location that is a nature lovers' paradise. The house has an updated kitchen with a wrap around covered deck newer heating, water heater. The house is waiting for its next care taker or residential reposition person that will capitalize on this outstanding opportunity with direct waterfront property selling for 50% more in most cases this is a must see for everyone in the market. The house is being sold as is and buyers and their agents need to do their due diligence. On Lock box. Send offers to [email protected] open house canceled offer accepted The manager has listed the unit size as 1372 square feet.
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| May 23, 2018 | Listed by Keller Williams Realty | $375,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017