104 LAKE AVENUE
About This Property
the heavy lifting has been done with quality workmanship. Fresh paint, new roof, new windows,
and a brand new HVAC system. Walking into the home opens to the living area, dining room
and wraps around to the kitchen. The home has neutral grey luxury vinyl plank flooring and
neutral grey paint on all levels throughout. Crown molding is found on the main level. The
updated kitchen has white shaker cabinets, stainless steel appliances, five-burner gas stove,
and is highlighted with granite charcoal black counter tops. The half bathroom and laundry area
are conveniently located off of the kitchen. The half bathroom has been updated with modern
fixtures, neutral white and black ceramic tile floor and white vanity. The kitchen also offers
access to the rear porch and overlooks the back yard. Stairs to the second floor are accented
with light oak wood stairs. On the second floor you will find three generous bedrooms and the
full bathroom. This bathroom also has neutral black and white tile floors, tile shower walls,
modern fixtures and white vanity. Additional living space is found on the upper level with the 4th bedroom. This room offers many possibilities if you do not need an additional bedroom such as a study, office or family room. This home has a large lot and is located in a
prime Glendora location close to all major transportation routes with easy access to Philadelphia
and the Jersey Shore areas. This affordably priced home is perfect for first time home buyers
or those needing additional space. Schedule your appointment today! (Photograph in Open Dining-Living room furniture is virtually staged)
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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