5115 Lerwick Drive
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 |
|---|---|---|---|
| Apr 5, 2024 | Sold | ||
| Sold | |||
| Mar 17, 2024 | In contract | - | |
| In contract | |||
| Mar 7, 2024 | Listed by eXp Realty LLC | $279,000 | |
| Listed by eXp Realty LLC | |||
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Welcome to this beautiful 1-story home that comes with MANY new items & UPGRADES. The home features BRAND NEW ROOF, NEW HVAC System, NEW WATER HEATER & Garage system, new interior paint, AND beautiful wood-look tile floor throughout the entire house. Living room showcases a beautiful fireplace. kitchen was fully remodeled with high-end granite countertop and marble look backsplash, industrial grade sink and faucet, new SS Appliances with slide in electric range, modern light fixtures, new ceiling fans. The PRIMARY BEDROOM is spacious. The primary bathroom features NEW vanity cabinets & granite countertops, Separate stand up shower and NEW Glass panel, walk-in closet, new lighting and plumbing fixtures! the other full bath also has NEW Vanity cabinets and granite countertop. The exterior features a good size backyard for outdoor gathering. The sliding door leading to the backyard is also brand new. This one is a MUST SEE!
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Property Highlights
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About Glencairn
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017