1084 Landers STREET
About This Property
The spacious lot provides ample room to park all your toys, along with plenty of outdoor space for entertaining or relaxing in privacy. Enjoy the tranquility of this quiet neighborhood without feeling cramped. Despite its serene setting, you're still close to shopping, schools, and dining, making daily errands a breeze. Bonus, you're only 10 minutes away from the beach! With beautiful upgrades in the kitchen and bathrooms, this home is a hidden gem you don't want to miss.
In addition to the inviting living areas, the property boasts a large storage building in the backyard-perfect for tools, equipment, or even finishing the interior to create a cottage. There's also an attached versatile flex space at the rear of the home, ideal for a home office, gym, game room, or additional living area. Don't miss the chance to enjoy peaceful living with the convenience of nearby amenities. Schedule your showing today!
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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