8902 Lanewood 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 |
|---|---|---|---|
| Apr 4, 2024 | Sold | ||
| Sold | |||
| Mar 1, 2024 | In contract | - | |
| In contract | |||
| Feb 15, 2024 | Listed by Realty Right | $135,000 | |
| Listed by Realty Right | |||
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Seller calling for all offers to be submitted by Wednesday the 28th @ 2pm
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| Nov 19, 2020 | Sold | ||
| Sold | |||
| Sep 2, 2020 | Listed by GRIT REALTY, LLC | $209,900 | |
| Listed by GRIT REALTY, LLC | |||
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RECENTLY RENOVATED home is back on the market! NEVER FLOODED and is almost twice as large as most houses in the area. New laminate and tile flooring in entire house. Everything in the kitchen is new from the granite countertops to the cabinets to the black slate Samsung appliances. Walls are painted a trendy grey accented with white trim. The windows and many of the doors are double pane and new. Ceiling fans in every room and a walk-in closet in the hallway. Converted garage has its own exterior door for privacy. The vanities are new with soft close drawers. Tiling in the bathroom is new including toilets. This house has had a complete transformation. HUGE backyard for entertaining with mature trees on all sides. New fence with front gate. Not in a flood zone.
Room sizes are approximate.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017