9 Lorree Ln
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 |
|---|---|---|---|
| Jul 17, 2015 | Sold | ||
| Sold | |||
| Jan 3, 2015 | Listed by eXp Realty | $245,000 | |
| Listed by eXp Realty | |||
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This quintessential Cape Cod cottage has been owned and loved for over 50 years by the same family. It is a charmer! Nice-size living room with wainscoting, a working fireplace, and a picture window overlooking the back yard. Eat-in kitchen with gas stove, two bedrooms and a full bath. There are hardwood floors throughout. Although used seasonally, there is a natural gas wall heater in the living room as well as supplemental electric heat in the kitchen. Replacement windows. Great rear yard for summer fun and a screened porch for summer evenings. Patio and shed. Just 1/2 mile to Glendon Road beach and walking distance to Chapin's, The Dog House, and Joey's Pizza. Being sold mostly furnished. Not in flood zone according to Town of Dennis. New Title V just installed (below ground) for 3 bedrooms. (Convert porch to a third bedroom?? Possibilities!!!)
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017