3307 Limerick Lane
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 |
|---|---|---|---|
| Feb 15, 2024 | No longer available | - | |
| No longer available | |||
| Feb 9, 2024 | In contract | - | |
| In contract | |||
| Feb 7, 2024 | No longer available | - | |
| No longer available | |||
| Jan 9, 2024 | In contract | - | |
| In contract | |||
| Jan 1, 2024 | Listed by Keller Williams Realty Studio City | $945,000 | |
| Listed by Keller Williams Realty Studio City | |||
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Welcome to your new home! This stylishly remodeled Corner Lot, single-level residence features a courtyard entry, high ceilings, and contemporary flooring. The open-concept living area includes a spacious family room with a cozy fireplace. The enormous entertainer's kitchen boasts upgraded white cabinetry with soft-close doors, new quartz counters, and new stainless steel appliances, including a dishwasher, stove, top-load washer, and dryer, and refrigerator.
The master bedroom offers a spa-like experience with an en-suite bathroom featuring dual sinks, a soaking tub, and a glass shower. The backyard provides mountain views and a custom-designed patio cover, BBQ, fire pit areas, and lush landscaping. Additional highlights include designer paint, recessed lighting, and a laundry room. Conveniently located near the Skyline Hiking Trail, schools, parks, shopping, and golf courses. Easy commuter access to 91 and 15 highways. No HOA and no electric bill thanks to the included Sunrun solar system.
Sunrun solar lease details (June 2020 - June 2045):
- Full warranty for 25 years
- Fixed monthly payment of $173.62
- 33 panels producing 16,667 kWh annually, approximately covering a $700 electric bill per month.
This property is a must-see – offering stylish living with upgraded features and a cost-effective solar solution! Please refrain from disturbing the tenants.
(Tenants Out Jan 20th) The manager has listed the unit size as 2420 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017