88 Lorimer 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 |
|---|---|---|---|
| Dec 5, 2024 | Sold | ||
| Sold | |||
| Sep 24, 2024 | In contract | - | |
| In contract | |||
| Sep 18, 2024 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $1,475,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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Move right into this gracious center entrance garrison colonial that features 8+ rooms, 3+ bedrooms and 3.5 baths. Enter the main living level through an inviting front foyer, wood-burning fireplaced living room, formal dining room, updated kitchen with custom cabinets, granite countertops and peninsula, and a large open family room addition with cathedral ceiling and skylights. The upper floor has a primary bedroom with a walk-in closet and ensuite full bath, 2 other generously-sized bedrooms and a full bath; walk-up access to an unfinished attic perfect for storage or future expansion. The finished walk-out basement has a playroom with kitchenette, full bath, office/bedroom, and laundry/storage area – perfect for guests or au pair.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017