4023 Purdy 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 |
|---|---|---|---|
| Mar 6, 2025 | Sold | ||
| Sold | |||
| Jan 12, 2025 | In contract | - | |
| In contract | |||
| Jan 6, 2025 | Listed by Realty Suite, LLC | $349,900 | |
| Listed by Realty Suite, LLC | |||
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This beautifully remodeled 3-bedroom, 2.5-bathroom home in Lockport offers modern comfort and spacious living. Situated on a 1+ acre lot, the home is flooded with natural light, creating a warm, inviting atmosphere. The kitchen boasts granite countertops, white cabinetry, and a stylish neutral backsplash. The dining area opens to a new sliding door, leading to a newly built deck with serene views of the private backyard. The main floor features three bedrooms and a full bathroom with new tile, vanity, and lighting. The highlight of the home is the primary suite, which includes an area for potential office, an en-suite bathroom, vaulted ceilings, a private balcony, and both his and her closets. On the lower level, there is a second living room, a half bath, and a versatile bonus room that can serve as a storage area or potential 4th bedroom. The home also benefits from all-new utilities, including a furnace, central air, plumbing, and electrical service, ensuring peace of mind. Recent updates also include a new roof and siding, making this home truly move-in ready.
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| Feb 1, 2024 | Sold | ||
| Sold | |||
| Dec 27, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017