4842 Lorelei Avenue
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 17, 2021 | In contract | - | |
| In contract | |||
| Apr 8, 2021 | Listed | $850,000 | |
| Listed | |||
| | |||
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When you turn onto Lorelei Ave, there’s this moment where you feel at ease and proud. This 3 Bed, 2 Bath, expanded home sits on a beautiful tree-lined street, that is really something to see in the fall and early winter. Fantastic curb appeal with a well-manicured front lawn, a window framed by shutters, and brick trim on the porch, column, and planter. As you take your first step inside, you are greeted by a formal living room, hard surface flooring that expands throughout, and a separated dining area. Two-toned paint on every wall, and crown molding can be found in almost every room. The extra-wide kitchen features wood cabinetry, tile backsplash, stainless steel appliances and granite countertops. The laundry area is also located adjacent to the kitchen. The family room is so large that if desired, it can be a multi-purpose room. This is a master retreat to brag about. There is no fighting over closet space since there are two, one of which a walk-in. Master bathroom boasts a separate shower/tub, dual vanity, and private commode. Every bedroom in this house is spacious, has a ceiling fan, and great natural light. You will be incredibly satisfied. The second bathroom has also recently been upgraded with modern tile, shampoo cubbies, bench, and frameless glass. Extremely low-maintenance backyard with artificial lawn is framed by tall wood fencing. Great location near the Lakewood Mall and some incredible shops and restaurants. Welcome home! The manager has listed the unit size as 1825 square feet.
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| Apr 26, 2019 | Sold | ||
| Sold | |||
| Feb 26, 2019 | Listed by Keller Williams Pacific Estate | $685,000 | |
| Listed by Keller Williams Pacific Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017