317 Lucerne Drive
About This Property
New kitchen and bathrooms in a 2/2 home with spacious upstairs that could be a great 3rd bedroom, kids room or office.
Come to see ASAP, priced to sell.
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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 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 27, 2021 | Sold | ||
| Sold | |||
| Jun 19, 2021 | Listed by Atlantic Properties & Inv, Inc | $258,000 | |
| Listed by Atlantic Properties & Inv, Inc | |||
| Oct 5, 2020 | Sold | ||
| Sold | |||
| May 6, 2020 | Listed by Coldwell Banker Paradise | $119,000 | |
| Listed by Coldwell Banker Paradise | |||
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There's No Place Like Home & there is amazing Potential in this 1957 bungalow located a few blocks from Indian River - East of US 1 in historic area! Concrete block construction - new Andersen windows, electrical service installed 2019 & some drywall work. Clawfoot tub installed in bathroom. Continue with current floor plan of 2 bedrooms or add closet into loft for 3 bdrm. Beautiful wood ceilings in living area, kitchen & sunroom. Original wood staircase could be redesigned to have landing - giving better access to loft. Interior laundry room with side door. Vintage fireplace mantel & capped fireplace. Add front door in place of front window & dormers for better elevation. A few more design changes & make this bungalow your dream home! Motivated seller - bring all offers!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017