706 Lorraine Lane
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 24, 2021 | Sold | ||
| Sold | |||
| Jul 19, 2021 | Listed by Exalt Realty | $479,000 | |
| Listed by Exalt Realty | |||
| | |||
|
Wow, this beautiful home has it all. Beginning with the grand double door entry you walk into a very open and inviting home. Hardwood Floors flow directly to the focal point of this home, the rounded staircase with wrought iron spindles. Kitchen offers a large island, double ovens, granite counters and a butler's pantry. Family room has a floor to ceiling fireplace that is just perfect for cold winter evenings. Spacious owner's retreat and office are located downstairs. Upstairs you will find an open game room and a dedicated media room. Large covered back patio is perfect for morning coffee or evening entertaining. Storage shed located in the backyard will remain with the home. Showings begin Friday, 7-23-21.
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Midlothian
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,900 /mo
- 3 Beds
- 2 Baths
- 1,103 ft²
$2,200 /mo
- 3 Beds
- 2 Baths
- 1,076 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017