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10 Laurel Road
About This Property
The primary suite is a true retreat, featuring high ceilings, a walk-in closet, a cozy fireplace, and an en-suite bathroom. Two additional generously sized bedrooms and two more full baths complete the main level. The third bedroom has its own bathroom en-suite as well. Enjoy morning coffee on the welcoming Trex front porch, and take advantage of the full basement for extra living space, (with proper permits) or storage. A two-car garage adds everyday convenience and additional storage. Recent updates include the roof, siding, windows, and central air, all approximately 10 years old - offering peace of mind for years to come. Low Taxes!! This one checks every box - do not miss this opportunity!
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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