108 LAMAR STREET
About This Property
The big-ticket items are already done: new HVAC air handler (2025), new windows (2022), fresh exterior paint (2022), newer stainless steel kitchen appliances (2021), new roof (2020), and water heater (2019). Add a 1-car garage and private laundry hookups, and you have a low-maintenance home ready for its next owner.
Homes this updated, this well-built, and with a yard this size don't last. Call today to schedule your showing before it's gone!
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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