7211 Lowell Street
About This Property
New roof & rain gutters, interior ceilings scraped and sprayed, entire house re-piped with copper plumbing, new central air & heating, Dual pane vinyl windows, remodeled upgraded kitchen with custom cabinets. This home is beautifully landscaped & has a large backyard with covered patio area great for summer bar-b-q's & entertaining or to sit back relax & enjoy. Property is also sold with custom tuff shed which is great for much needed extra storage. Conveniently located near area shopping centers, restaurants, & the new "Stanton Central Park."
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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 |
|---|---|---|---|
| May 19, 2017 | Sold | ||
| Sold | |||
| Apr 11, 2017 | Listed by ReMax Tiffany Real Estate | $519,900 | |
| Listed by ReMax Tiffany Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017