63 Lothrop Street
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 |
|---|---|---|---|
| Jul 26, 2023 | Sold | ||
| Sold | |||
| Apr 22, 2023 | In contract | - | |
| In contract | |||
| Nov 15, 2022 | Listed by J. Barrett & Company | $3,345,000 | |
| Listed by J. Barrett & Company | |||
| Jun 5, 2017 | Sold | ||
| Sold | |||
| Feb 28, 2016 | Listed by Keller Williams Realty Evolution | $1,795,000 | |
| Listed by Keller Williams Realty Evolution | |||
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"Taormina" is a grand waterfront Colonial revival home built circa 1910. This home sits prominently on Lothrop Street, with expansive water views between Dane Street Beach & Lyons Park. Gracious entry through tiled vestibule with beautiful leaded windows that lead into an impressive central foyer. Noteworthy finish work throughout, including Pairpoint glass doorknobs, detailed trim work, mahogany paneled library & dining rooms with built-ins & glazed tile front fireplace with mahogany mantles. Living room and music room are divided by a fireplaced Inglenook with a curved bay, windows seats and more striking leaded windows. The kitchen has been brought up to today's desires with plenty of cabinets a center island, granite counters and a breakfast room. Four season tiled sun room. Master has a spectacular water view and has a private balcony overlooking the yard, water and has a dressing room, two walk-in closets and tiled bath. Expansive 3rd floor with half bath.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017