8 Lorraine Boulevard
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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%.
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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 |
|---|---|---|---|
| Aug 27, 2024 | Sold | ||
| Sold | |||
| Aug 23, 2024 | In contract | - | |
| In contract | |||
| Jul 13, 2024 | In contract | - | |
| In contract | |||
| Jun 6, 2024 | Listed by BHHS Hudson Valley Properties | $409,900 | |
| Listed by BHHS Hudson Valley Properties | |||
| | |||
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Down this picturesque neighborhood you will find this well-maintained 3 bedrooms 1 bath updated one level brick ranch home loaded with charm and character. Upon your arrival you are greeted by an enclosed painted front porch built with mahogany wood and sliding barn doors. It is absolutely perfect for relaxing in a rocking chair while perusing through a modern-day classic. Open the front door into the expansive living room highlighted by the gas fireplace, bay window ideal for letting in ample natural light, and newly refinished hardwood floors. The living room transitions seamlessly into the well-proportioned dining room. Bring your mom's favorite summer recipes into this meticulously updated kitchen offering soft close cabinetry, subway tiles surrounding the quartz countertops and undermount farmhouse sink, high-end stainless-steel appliances, and more. Not to be missed is the storybook-like family room with newer atrium door to the Trex deck well positioned for summer outdoor barbecues. How cute is this fully fenced in backyard with the yellow door garden shed? Perhaps, something for us to talk about at the closing table. Come on back inside the classic touches continue with ceramic tiles surround full bathroom offering a large walk-in shower with new vanity. Three generous bedrooms with ample closet space round out the top floor. Awaiting your creative design is your full unfinished basement. From rec room to game room, to home office, Pilates/ Yoga space, or finished living space you can achieve it here. Yet, there is more. Before you go, do not forget to discover the possibilities of the two-car attached garage. Make an offer and you could find yourself living comfortably year-round courtesy of newer energy-efficient windows by Andersen, spray foam insulation, central vac system, and staying cool in the summer and warm in the winter via programmable air system. Enjoy the convenience of natural gas, municipal water, and easy access to culinary grade restaurants, shopping, schools, Poughkeepsie/New Hamburg train station and commuter routes. It all awaits you! Thank you for making the call today for a private tour.
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| Dec 2, 1997 | Sold | ||
| Sold | |||
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About Dutchess
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$2,825 /mo
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$2,250 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017