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10105 LENOX STREET
About This Property
The spacious primary suite offers a large closet, walk-in shower, and private access to the 400 sq. ft. covered patio, creating an effortless connection between indoor and outdoor living. Step outside to enjoy the new pool installed in 2024, complete with paid-off solar pool panels, surrounded by mature landscaping and a generous fenced yard. The vinyl fence was installed in 2021, adding privacy and functionality to the expansive property.
Major improvements include HVAC (2021), water heater (2022), roof replacement (2023), and exterior paint (2023), providing peace of mind for the next owner. An impressive 3-car garage offers plenty of room for vehicles, storage, hobbies, or recreational equipment.
With extensive updates, a generous lot, a sparkling pool, covered outdoor living space, and a desirable indoor-outdoor layout, this Clermont home is move-in ready and ready to impress!
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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 Barrington Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017