7620 Lansing Dr
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 |
|---|---|---|---|
| Nov 8, 2019 | Sold | ||
| Sold | |||
| Oct 7, 2019 | Listed by Berkshire Hathaway HomeService | $459,000 | |
| Listed by Berkshire Hathaway HomeService | |||
| May 7, 2014 | Sold | ||
| Sold | |||
| Jan 14, 2014 | Listed by Dream Makers Realty | $369,000 | |
| Listed by Dream Makers Realty | |||
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Incredibly charming Mid-Century home located in the heart of Lemon Grove's residential area. This well maintained property boasts spacious bedrooms and a generous living room space that features a fireplace and bay windows. This home has both a large front yard and a relaxing pergola with an outdoor fireplace located in the back yard. Steps to Monterey Heights Elementary School and move in ready.*Seller has recently painted the interior of the home, removed the popcorn ceiling and refinished the flooring* Neighborhoods: Lemon Grove Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
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About Lemon Grove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017