700 Lara 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 |
|---|---|---|---|
| Jul 26, 2024 | Sold | ||
| Sold | |||
| May 16, 2024 | Listed by Coldwell Banker Real Estate Group | $262,500 | |
| Listed by Coldwell Banker Real Estate Group | |||
| | |||
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Amazing 3 bedroom 2 bathroom Ranch in Normal that's ready for you to call home! All the updates and upgrades have been done for you and you'll love living in this house, close to the constitution trail, the shoppes at College Hills, and just a few minutes from Uptown Normal. Check it out!!
| |||
| Jul 13, 2022 | Sold | ||
| Sold | |||
| May 17, 2022 | Listed by RE/MAX Choice | $224,900 | |
| Listed by RE/MAX Choice | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017