88 Shirley 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 |
|---|---|---|---|
| Sep 2, 2024 | Sold | ||
| Sold | |||
| Aug 7, 2024 | In contract | - | |
| In contract | |||
| Jul 29, 2024 | Listed by RE/MAX Journey | $375,000 | |
| Listed by RE/MAX Journey | |||
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*Open House Saturday August 3rd, 11-1* Nestled in a desirable neighborhood on a serene 1.06-acre lot, this well-maintained antique cottage offers a peaceful retreat in historic Lancaster. Situated on a dead end road centrally close to routes 495, 2 & 190. Seller to install new septic system prior to closing. The property features an outdoor shed and a large backyard, ideal for entertaining, gardening, and more. Enjoy the benefits of a highly sought-after school system. Recent updates include a new roof in 2018 and a replaced oil tank in 2007. All offers due Monday 8/5 1;00 P.M.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017