1 Camelot Lane
About This Property
The cozy den with a fireplace is the perfect gathering space, featuring doors on either side of the fireplace leading to the paver patio - ideal for entertaining and enjoying the private backyard with mature landscaping.
The primary bedroom boasts a newly renovated ensuite bathroom, while two additional bedrooms and a full hall bathroom complete the main level.
Additional highlights include hardwood floors, crown molding, central air conditioning, Andersen windows, 200 amp electric, in-ground sprinklers, an attached one-car garage, and an unfinished partial basement with a utility area plus two crawl spaces providing ample storage. Situated on a beautifully maintained .25-acre property with great curb appeal.
Conveniently located near local shopping, fine dining, beaches, Smith Haven Mall, and Stony Brook University. Located within the Smithtown Central School District.
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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.
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About St. James
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017