48 Allen St
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 |
|---|---|---|---|
| Nov 25, 2024 | Sold | ||
| Sold | |||
| Oct 24, 2024 | In contract | - | |
| In contract | |||
| Oct 2, 2024 | Listed by William Raveis R.E. & Home Services | $1,399,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Move right into this thoughtfully updated 4 bedroom home in a fantastic neighborhood! It offers a versatile layout and one of the best back yards in Lexington! With custom built-ins and hardwood floors throughout, the main level features an inviting eat in, granite kitchen, which is perfect for casual dining. The sun-filled living room has a large bay window with views of a serene horse pasture, while the dining room sliders lead to a deck, overlooking the private and oversized back yard. The primary bedroom is complete with its own bathroom, ample closet space and second deck, from which you can enjoy morning coffee. There are also two additional bedrooms and another full bath on this level. Downstairs offers additional finished living space with a 4th bedroom, play room, half bath and laundry. Come experience the perfect blend of community, convenience and comfort in this wonderful home, which is located in close proximity to major routes and all that Lexington has to offer!
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| May 15, 2015 | Sold | ||
| Sold | |||
| Mar 18, 2015 | Listed by William Raveis R.E. & Home Services | $860,000 | |
| Listed by William Raveis R.E. & Home Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017