66 Lancaster Avenue
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 |
|---|---|---|---|
| Dec 10, 2018 | Sold | ||
| Sold | |||
| Nov 5, 2018 | Listed by Bourque Real Estate | $139,900 | |
| Listed by Bourque Real Estate | |||
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INVESTORS! Rehab and redecorate this cute Ranch! This property has great potential and is listed FAR below assessed value. Selling AS-IS. Vinyl sided, replacement windows (older and some need repair or replacement), gas heat, central air, circuit breaker panel. Large eat-in Kitchen with lots of storage. Living Room with hardwood flooring under carpeting. Three bedrooms all with hardwood flooring and double closets. Spacious 1st floor Full Bath with large vanity counter. First floor Laundry nicely tucked into alcove in first floor bath. Finished rooms and 2nd Bath with shower stall in basement all need rehab too. Selling AS-IS, including some clean out. Cash buyer please. (Will not work for lending, except MAYBE a rehab loan).
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017