31 Lorraine Road
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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 |
|---|---|---|---|
| Sep 21, 2017 | Sold | ||
| Sold | |||
| Dec 24, 2015 | Listed by William Raveis Real Estate | $151,000 | |
| Listed by William Raveis Real Estate | |||
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Nice renovations on this adorable home! This charming 3-bedroom, 1-bathroom, 844 sq. ft. bungalow is as cute as can be and has new interior and exterior paint, new carpet and blinds, and new stainless steel appliances in the nicely upgraded kitchen. A finished basement room is great for an office, storage or a game room. The home has also been professionally deep cleaned and warranties come with all new items. Close to schools, parks and just a few minutes to Hartford. Additional Information: Amenities:Storage, ConstructionDescription: Aluminum Siding, Flooring: Carpet,
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| May 20, 2015 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017