42 Larch 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 |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Aug 13, 2024 | In contract | - | |
| In contract | |||
| Aug 5, 2024 | Listed by Howard Hanna WNY Inc. | $79,888 | |
| Listed by Howard Hanna WNY Inc. | |||
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Listing price below current market value and Cash only due to the condition of property. Attached garage, but No driveway,it is covered by grass. The property located in a neighborhood that is Convenient to amenities and in a transition of updating neighborhood. Property needs works to recover for rehabilitation from current condition to a cozy home. If you have vision and knowing the neighborhood you will see the good future of this property. The listing price is below current market value to reflect the condition of property. The property "sold as is" include stuffs that left in the house and on the property. The seller will not do any repair or replacement. The stuffs that left in the house and on the property stays on the property after sold of Real Estate. The purchaser is responsible for clearing the stuffs on the property after closing. Easy to show the property. There is an open violation issued by the Town of Amherst; the purchaser has 60 days to correct the roof from the date that the sale contract is executed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017