967 14th Street
About This Property
This cozy 1-bedroom, 1-bath home offers great potential as a rental property or a perfect starter home. With the ability to easily convert into a 3-bedroom, 1-bath layout, the possibilities are endless. The property features a 2022 fullly service HVAC system, updated insulated windows, and a spacious backyard ideal for outdoor activities and relaxation. Located in the up-and-coming Lancaster area, this home is ready for your personal touches. While it needs a bit of TLC, it is a fantastic opportunity to create your dream space. Don't miss out on this gem! and it can be owner finance....!!!
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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 |
|---|---|---|---|
| Oct 3, 2024 | Sold | ||
| Sold | |||
| Sep 10, 2024 | In contract | - | |
| In contract | |||
| Aug 29, 2024 | Listed by Rinehart Realty Corporation | $109,900 | |
| Listed by Rinehart Realty Corporation | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017