39
Map
59 Lafayette Road
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 |
|---|---|---|---|
| Jun 12, 2026 | Price Decreased |
$292,000
↓ $73K
(20%) | |
| Price Decreased | |||
| Oct 16, 2025 | Sold | ||
| Sold | |||
| Sep 10, 2025 | In contract | - | |
| In contract | |||
| Sep 4, 2025 | Listed by Coldwell Banker Realty | $335,000 | |
| Listed by Coldwell Banker Realty | |||
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HIGHEST AND BEST DUE BY TUESDAY 9/9 AT 2:00PM. Welcome to your charming ranch in Marlborough's Lake Terramuggus community, just steps from the water! This beautifully updated 2-bedroom, 1-bath home offers a perfect combination of comfort, style, and convenience. The modern kitchen, remodeled in 2018, features granite countertops, stainless steel appliances, a breakfast bar, and ample storage, making it ideal for both everyday living and entertaining. The recently renovated bathroom, completed in 2019, showcases contemporary finishes, while the gleaming hardwood floors, redone the same year, add warmth and character throughout the home. Relax in the heated sun porch or step outside to the deck for outdoor gatherings and serene views. The living room boasts a new fireplace insert installed in 2017 for cozy evenings, complemented by new steel liners in both the fireplace and furnace (2021) for enhanced energy efficiency and safety. Additional updates include a new oil furnace and central air system installed in 2019, an upgraded 200-amp electrical panel (2021), and a new sump pump added in January 2024 for peace of mind. The roof and water heater are approximately 11 years old and in excellent condition. 2-car garage, a level lot with plenty of outdoor space, and low-maintenance landscaping. Lake Terramuggus close by, giving you free access to the town beach, perfect for swimming, kayaking, and enjoying lakeside living year-round.
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| Aug 1, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017