40 Lothrop Road
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 |
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| Dec 28, 2018 | Sold | ||
| Sold | |||
| May 16, 2018 | Listed by Classified Realty Group | $699,000 | |
| Listed by Classified Realty Group | |||
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Motivated! lWelcome to this sprawling ranch in highly sought after Reading, situated on an acre lot with plenty of privacy. Owners pride shows throughout this home with many upgrades. Kitchen features tile floor, granite counters with island and stainless appliances that flows into a 12 x 12 eat in kitchen with a bow window overlooking grounds. Step down into a sunken dining room with sliders to a patio and enjoy some alfresco dining as you watch the sunset. Four bedrooms with hardwood floors and 2 full baths complete the upper level. Basement features a huge 53 x 12 family room with a fireplace and partially finished wet bar along with office. Serenity best describes this beautiful yard perfect for entertaining. Stamped concrete surrounds a 20 x 40 in ground pool with flower beds and sitting areas Tradesmen, car enthusiasts, boaters etc will enjoy this 32 x 24 detached heated workshop/garage with 10 foot ceilings and additional parking . Don't miss out on this quiet neighborhood
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| Sep 30, 1997 | Sold | ||
| Sold | |||
| Jul 16, 1997 | Listed by Colonial Manor Realty | $279,900 | |
| Listed by Colonial Manor Realty | |||
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WEST SIDE SPACIOUS RANCH WITH 2 CAR ATTACHED GARAGE.HARDWOOD FLOORS, TWO FIREPLACES, 16 X 16 HEATED PORCH OVERLOOKING FABULOUS LOT AND INGROUND POOL. BATH OFF MASTER. ORIGINAL OWNER.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017