7181 LEHIGH Drive
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 |
|---|---|---|---|
| Sep 27, 2011 | Sold | ||
| Sold | |||
| Feb 25, 2011 | Listed by HOOK & LADDER REALTY INC | $26,900 | |
| Listed by HOOK & LADDER REALTY INC | |||
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Large lot with wooded view! Property needs work and to be loved! Excellent potential--come see for yourself. This property is now under auction terms. All auctioned properties are subject to a buyer's premium & subject to a reserve price. AS IS SALE. Purchase of the property will be by cash at closing or on terms acceptable to the seller. Buyer is responsible for lender repairs if financed. All info believed to be accurate; buyer to verify all information. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Mortgage Financing. This property is approved for HomePath Renovation Mortgage Financing. Fannie Mae is currently offering buyers up to 3.5% in closing cost assistance through 10/31/11.
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| Dec 14, 2010 | Listed by SIMMONS REALTY & INVESTMENT INC | $44,910 | |
| Listed by SIMMONS REALTY & INVESTMENT INC | |||
| May 4, 2010 | Listed by SIMMONS REALTY & INVESTMENT INC | $49,900 | |
| Listed by SIMMONS REALTY & INVESTMENT INC | |||
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Newer home in a very quiet rural area in need of repairs, appliances and CH&A unit...SHOW&SELL!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017