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1 Upper Lane
About This Property
Inside enjoy multiple inviting living spaces including a family room with fireplace-perfect for year round relaxation and a den with its own fireplace and beautiful windows looking into the yard. The Andersen windows bring in abundant natural light throughout.
The beautifully updated kitchen features a large quartz island and modern finishes, ideal for cooking, gathering and entertaining. A private owners suite with beautiful full bath is thoughtfully separated from the two secondary bedrooms and additional bath, providing comfort and privacy for all. The laundry closet is conveniently located outside the primary suite.
Additional features include central air, built-in automatic generator, a welcoming front porch, young roof (11 years), new patio, new driveway, 2 car garage, and Tesla leased solar panels for energy efficiency.
This rare offering combines turnkey living with an unbeatable location- just minutes to marinas, harbors, beaches and the best of the North Shore lifestyle. Call today to schedule your private showing.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017