8402 Lorrie Drive
About This Property
Sale is subject to court approval.
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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 30, 2024 | Sold | ||
| Sold | |||
| Jul 13, 2024 | In contract | - | |
| In contract | |||
| May 14, 2024 | Listed by Coldwell Banker Realty - Bellaire-Metropolitan | $450,000 | |
| Listed by Coldwell Banker Realty - Bellaire-Metropolitan | |||
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Estate Sale. No Sellers Disclosure. Oversized corner lot in wonderful Knollwood Village. Zoned to Bellaire High School. Nice wood floors. Formal living and dining rooms. Large kitchen features double ovens, gas cooktop, microwave vent hood, stainless sink and pantry. Primary Bedroom with full bath and generous closet space. Large secondary bedrooms and a full hall bath with shower tub. Large, fenced yard. Double garage doors with openers.
Sale is subject to court approval.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017