8705 LAIT Drive
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 |
|---|---|---|---|
| Jun 27, 2023 | Listed by Moreno Real Estate Group | $345,000 | |
| Listed by Moreno Real Estate Group | |||
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Location! Location! Location! Looking for home in the Cielo Vista area...Look no further! This spacious 3 bedroom home is conveniently located near major retail stores and restaurants. Just minutes away from I10 and in the center of the city, this home is what you call 'solid bones'. Refrigerated air and roof were replaced a few years back, as well as new windows and shutters. This home features a formal living and dinning area. Cathedral ceilings in the den make for an attractive look. All bedrooms are large and ALL have walk in closets. Home has a covered sun room, adding additional 300 sq ft (approximately). It is equipped with a window unit for heating and cooling. Retreat to the beautiful landscaped backyard where you can relax under the newly added Pergola. Home is a must see!
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| Mar 1, 2021 | Sold | ||
| Sold | |||
| Sep 22, 2020 | Listed by Marquis Realty Inc. | $279,000 | |
| Listed by Marquis Realty Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017