56 Loring Ave
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 |
|---|---|---|---|
| Feb 27, 2025 | Sold | ||
| Sold | |||
| Feb 3, 2025 | In contract | - | |
| In contract | |||
| Jan 30, 2025 | Listed by Advocate Realty/Stikeleather Real Estate | $479,000 | |
| Listed by Advocate Realty/Stikeleather Real Estate | |||
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This is it! This spacious ranch-style home will surprise you! Expanded over the years with two additions, featuring a vaulted ceiling LR/dining area adjacent to a remodeled kitchen. At the rear of the home are 3 large bedrooms, including a primary bathroom with vaulted ceiling and skylight, jetted tub, tiled shower, and heated floors! Also in the primary bedroom - surprise! - a huge, walk-in, cedar lined closet, also with heated floors. Side entrance & mudroom/laundry at the back door. Fully-fenced back yard includes a large deck expanded to incorporate an above-ground pool, as well as plenty of room to play or garden. Two sheds and a walk-out basement complete the picture for loads of storage. Replaced or added within last 9 years: asphalt roof, rubber roof, water heater, furnace, central A/C, electrical panel, appliances, generator connection, deck addition & pool. Wow! On a quiet side street, close to elem and middle schools, and a short drive to the commuter rail station.
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| Dec 1, 2017 | Sold | ||
| Sold | |||
| Sep 5, 2017 | Listed by Advocate Realty/Stikeleather Real Estate | $299,000 | |
| Listed by Advocate Realty/Stikeleather Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017