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7 Lorraine 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 |
|---|---|---|---|
| Dec 9, 2025 | Sold | ||
| Sold | |||
| Oct 29, 2025 | In contract | - | |
| In contract | |||
| Oct 14, 2025 | Price Decreased |
$409,900
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Sep 22, 2025 | Listed by RE/MAX Vision | $419,900 | |
| Listed by RE/MAX Vision | |||
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Welcome to this sundrenched attached single-family home in the desired Massasoit area. This home is ready for you to unpack your boxes and relax with so many updates completed for you. The living room opens to the upgraded (Mar 2025), spacious, eat-in kitchen with granite counters, stainless steel appliances and recessed lighting. A new slider gives access to the oversized composite deck with vinyl railings, a great place to unwind at the end of the day. The 2nd floor offers 3 generous sized, freshly painted, bedrooms and a full bath with updated vanity and skylight. If you're looking for more space, the walk-out basement is perfect for a future work-out space or family room. A concrete patio and giant storage shed are easily accessible from the basement. Young roof, 2019 heating system, 4-year-old windows/slider, and newer HW tank provide peace of mind and savings in your pocket. No HOA fees to worry about here and a fantastic commuter location.
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| Aug 19, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017