7910 LORAIN Street
About This Property
EVERYTHING NEW. NO HOA. PUBLIC WATER & SEWER. Homes powered by James L. Kemp Enterprise LLC are sure to suit your lifestyle and budget! Quality is never sacrificed when it comes to future homeowners. Designed with care and diligence, each home is personally prepared to provide a modern living area that maximizes dwelling space. Beautiful quartz countertops for days, ample cabinetry, luxury vinyl plank flooring and more.
NEW CONSTRUCTION HOME WITH ESTIMATED COMPLETION MID-JANUARY.
***THIS HOME QUALIFIES FOR $20,000 IN GRANT FUNDS IF YOU USE OUR PREFERRED LENDER AT AMERIS BANK. GRANT FUNDS CAN BE APPLIED TOWARD CLOSING COSTS, RATE BUY DOWN AND/OR PREPAIDS. CALL LISTING AGENT FOR DETAILS ***
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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 |
|---|---|---|---|
| Jan 30, 2025 | Sold | ||
| Sold | |||
| Oct 16, 2024 | In contract | - | |
| In contract | |||
| Oct 8, 2024 | Listed by LPT REALTY LLC | $265,000 | |
| Listed by LPT REALTY LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017