3034 Lamar Street
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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 12, 2024 | Sold | ||
| Sold | |||
| Jul 11, 2024 | In contract | - | |
| In contract | |||
| Jun 18, 2024 | Listed by District Properties | $629,000 | |
| Listed by District Properties | |||
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Discover the pinnacle of urban living in East Downtown's premier residential development, Boulevard at Lamar. Within our exclusive community, you'll find 32 meticulously designed residences, designed with a contemporary industrial aesthetic and curated with the utmost attention to detail in interior finishes. Immerse yourself in unparalleled amenities and features that redefine the benchmark for city living. Our offerings include spacious 3-bedroom, 3.5-bathroom floorplans, expansive balconies and rooftop terraces, private driveways, and bespoke studio apartments, all unmatched elsewhere within the city.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017