38 Jefferson Drive
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 |
|---|---|---|---|
| Sep 23, 2024 | Sold | ||
| Sold | |||
| Jul 31, 2024 | In contract | - | |
| In contract | |||
| Jul 22, 2024 | Listed by Keller Williams Realty WNY | $187,500 | |
| Listed by Keller Williams Realty WNY | |||
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Turnkey, beautifully maintained Lockport ranch ready for new owner. First-floor living at its finest w opened up kitchen w extended counter/breakfast bar, 1st flr laundry hook-ups & only a few steps from garage to back door! New manufactured hardwood flooring throughout. Beautiful bay window in living room & new windows bring great light into the home. Updated bath w jet tub, ceramic tile & new vanity. Large linen closet accessible via hall or bathroom. Water softener system through home & reverse osmosis filter in kitchen. Full basement offers potential for far more w enclosed walk-in closet. Carefully curated fully fenced backyard features great gardens & beds, covered patio for dining w overhead lights + bonus shed. Heated garage with workbench & great storage. UPDATES INCLUDE: FURNACE (2020); SUMP PUMP W BACKUP (2022/2021); HWT (2017); ROOF (HOUSE & SHED) & MANUFACTURED HARDWOODS (2014); PLUS BATHROOM, ALL WINDOWS, WATER SOFTENER SYSTEM, FRIDGE/FREEZER, GLASS BLOCK WINDOWS, CONCRETE DRIVE/STEPS, CHIMNEY LINING, SOFFIT LIGHTS, GUTTERS & DOWNSPOUTS, EXTERIOR & GARAGE DOORS, AND SIDING. Showings begin Tue 7/23. Open House Sat 7/27 @ 11am-1pm. Offers due Tue 7/30 @ 10am. Let’s move
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| Sep 9, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017