815 Lowell Road
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 |
|---|---|---|---|
| Dec 21, 2011 | Sold | ||
| Sold | |||
| Mar 22, 2011 | Listed by Compass | $699,000 | |
| Listed by Compass | |||
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Great location to tear down and build new home or do total rehab for one floor living. Very nice level lot 1 mile from the center. Current house is on a slab foundation and has had water problems from broken pipes. Rear wall structurally unsound. See documents attached in MLS PIN for more information. Call agent if any questions.
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