3748 Lay Avenue
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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 |
|---|---|---|---|
| Dec 11, 2020 | Sold | ||
| Sold | |||
| Nov 4, 2020 | Listed by Keller Williams Southeast Texa | $169,900 | |
| Listed by Keller Williams Southeast Texa | |||
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Wonderful and spacious 4 bedroom, 2 bathroom, 2 car garage home located in Groves featuring an amazing backyard oasis. Great, open concept living/kitchen area. This kitchen has tons of countertop space and has a large breakfast bar. The living room includes a wood burning fireplace and french doors leading to the covered back patio. The primary bedroom suite has a huge bathroom with large jetted tub, separate shower, split vanities and two closet spaces. The additional bedrooms are great sizes too. Do not forget the backyard oasis with an in-ground pool and a full kitchen set up and separate outside full bathroom, plus storage.
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Last Updated: 4 months ago
Data Source: HAR , MLS# 98279959
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017