38 Lafayette Street
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 |
|---|---|---|---|
| Jun 23, 2025 | Sold | ||
| Sold | |||
| Apr 30, 2025 | In contract | - | |
| In contract | |||
| Apr 22, 2025 | Listed | $675,000 | |
| Listed | |||
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Welcome to 38 Lafayette St—a well maintained Cape-style home offering 3 bedrooms and hardwood floors throughout. The kitchen receives ample natural light and opens to a fenced backyard with a covered patio. Inside, you'll find a dedicated dining room and a cozy living room with a fireplace. This home also features a finished, heated one-car garage and a semi-finished basement. Recent improvements includes newer roof, updated appliances, replacement windows and doors, upgraded air conditioning, and electrical enhancements to support an EV charging port and mini-split system.
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| May 27, 2016 | Sold | ||
| Sold | |||
| Apr 13, 2016 | Listed by Tache Real Estate, Inc. | $399,000 | |
| Listed by Tache Real Estate, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017