4 Lumber Hill
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 |
|---|---|---|---|
| Jul 26, 2017 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $199,900 | |
| Listed | |||
| | |||
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Waterview-Overlooking Lake Belair. Cute as a button Ranch style home on quiet dead end street. Great for downsizing or for first time buyers looking to buy a solid home for a great price and are not looking for cookie cutter. Large eat in kitchen, living room with fireplace, 3 bedrooms, and porch that overlooks the lake. The lower level has a finished room, utility/workroom, and storage area. Vinyl sided, newer roof, updated 200 amp electrical. The yard has tons of potential and a good portion of the yard offers lake views. Fish or canoe on the lake Charming! Sellers are under contract to purchase subject to closing on Lumber Hill. Bring Offers!!The manager has listed the unit size as 1010 square feet.
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| Jun 3, 2017 | Listed by Keller Williams Realty Leading Edge | $199,000 | |
| Listed by Keller Williams Realty Leading Edge | |||
| Nov 5, 1991 | Sold | ||
| Sold | |||
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