38 Lanewood Avenue
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 26, 2013 | Sold | ||
| Sold | |||
| Apr 4, 2013 | Listed by Realty Executives Boston West | $449,900 | |
| Listed by Realty Executives Boston West | |||
| Jul 31, 2008 | Sold | ||
| Sold | |||
| Mar 24, 2008 | Listed | $469,900 | |
| Listed | |||
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Brick front colonial in immaculate, move-in condition. Formal living rm w/ fireplace, open to dining rm and large fam rm addition w/ vaulted ceiling. Bright white kit w/ eat-in area. 2 1/2 updated baths w/ granite, corian & ceramic tiles. Mstr suite w/ dressing area, walk-in closet and priv. full bath. Attractive play room w/ fieldstone fireplace. All NEW paint inside. NEW windows, NEW alarm sys, NEW garage doors. Updated electrical. Prof. landscaping w/ NEW brick front step.Vinyl siding.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017