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8 Lorne Rd
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 3, 2021 | Sold | ||
| Sold | |||
| Jul 5, 2021 | Listed by Bowes Real Estate Real Living | $649,000 | |
| Listed by Bowes Real Estate Real Living | |||
| Jul 15, 2011 | Sold | ||
| Sold | |||
| Mar 17, 2011 | Listed by Bowes Real Estate Real Living | $374,900 | |
| Listed by Bowes Real Estate Real Living | |||
| Jun 17, 2010 | Listed by Hammond Residential | $399,900 | |
| Listed by Hammond Residential | |||
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Delightful and cute 4 BR Cape in the heart of Arlington Heights is superbly set in a southern exposure cul-de-sac location. This larger than it appears, move-in-condition home, features spacious living room, eat in kitchen, first floor bedrooms/office, hardwood floor on first level, high ceiling family room, finished walkout basement and fenced in yard. 2010 leaf guard gutters. Easy access to Rt. 2, buses to Harvard Sq. or Alewife Station, shops, Arlington Reservoir and Minuteman bikeway.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017