3243 Lannie Road
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 |
|---|---|---|---|
| Nov 6, 2018 | Sold | ||
| Sold | |||
| Sep 14, 2018 | Listed by ALFA REALTORS CORP | $300,000 | |
| Listed by ALFA REALTORS CORP | |||
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RARE! 1 Main home and a second building with a workshop/garage and potential in-law/nanny suite or rental on the second floor. Room count includes both buildings. Lot is a total of 5.79 acres according to the tax record.**HUD OWNED** seller will not provide keys at closing. Property will need to be rekeyed. Sold ''As-Is'' with no guaranty or warranty by Seller. All agents must sign the sign in sheet located in the kitchen. Owner occupant offers only for the first 15 days. Open to everyone on the 16th day. Please see Showing Time for all Showings.
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| Jan 20, 2015 | Listed by UNITED REAL ESTATE GALLERY | $298,000 | |
| Listed by UNITED REAL ESTATE GALLERY | |||
| Jul 12, 2012 | Sold | ||
| Sold | |||
| Nov 18, 2011 | Listed by DAMES POINT REALTY INC | $188,500 | |
| Listed by DAMES POINT REALTY INC | |||
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This was a fabulous home that has been gutted. Sits on approx 5.5 acres and has a separate detached garage apartment over a large what was a workshop. Interior was quality built, but needs the right buyer to rebuild and enjoy this diamond in the rough!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017