5401 LORRAINE DRIVE
About This Property
Beautifully remodeled from top to bottom! This 4-bedrooms, 3.5 bathrooms home features a brick front with new siding and roof, nestled on a private corner lot backing to trees. The open, sun-filled floor plan includes a brand-new kitchen with custom cabinets, quartz countertops, and stainless steel appliances. Enjoy hardwood floors on two levels, a cozy fireplace, and plenty of recessed lighting throughout. The fully finished walkout basement includes a full bathroom, offering extra living space. New HVAC, hot water heater, updated electrical panel, and flooring throughout. All bathrooms have been stylishly remodeled, and new windows bring in tons of natural light. This move-in-ready home offers luxury, comfort, and privacy - a must-see!
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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%.
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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 |
|---|---|---|---|
| May 27, 2025 | Sold | ||
| Sold | |||
| Mar 29, 2025 | In contract | - | |
| In contract | |||
| Mar 17, 2025 | Listed | $549,900 | |
| Listed | |||
| | |||
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Stunning 3-Level Colonial on Private Corner Lot
Beautifully remodeled from top to bottom! This 4-bedrooms, 3.5 bathrooms home features a brick front with new siding and roof, nestled on a private corner lot backing to trees. The open, sun-filled floor plan includes a brand-new kitchen with custom cabinets, quartz countertops, and stainless steel appliances. Enjoy hardwood floors on two levels, a cozy fireplace, and plenty of recessed lighting throughout. The fully finished walkout basement includes a full bathroom, offering extra living space. New HVAC, hot water heater, updated electrical panel, and flooring throughout. All bathrooms have been stylishly remodeled, and new windows bring in tons of natural light. This move-in-ready home offers luxury, comfort, and privacy — a must-see!
| |||
| Sep 24, 2024 | Sold | ||
| Sold | |||
| Sep 4, 2024 | In contract | - | |
| In contract | |||
Property Highlights
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About Camp Springs
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United American Realty
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# MDPG2145088
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Address: 335 Madison Avenue, New York, NY 10017