1005 LEMON DROP Lane
About This Property
Step in to admire brand new flooring, fresh paint in & out. Open kitchen wows w/granite counters & oak cabinetry. Living room bonus 60'' TV!
1st floor hosts a private office for remote work. Upstairs, a spacious loft serves as a play/media room or add'l living space. Owner's suite is a tranquil oasis w/garden tub, walk-in shower, dual vanities & expansive closet.
Enjoy activities enhancing your everyday life - sparkling pool w/waterslide, fitness center, playground & brand new splash pad. New basketball, tennis/pickleball courts complete the package. Check out the features list under the document tab for ALL the upgrades this pristine home offers!
$5k BUYERS INCENTIVE WITH ACCEPTED OFFER THIS MONTH ONLY - FOR BUYERS CLOSING COSTS AND/OR PRE-PAIDS
USDA loan eligible area (zero down payment loan) - great for first-time buyers!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017