10985 BLAKE LANE
About This Property
This well-maintained home showcases timeless character with beautiful wood framing and rich wood paneling throughout, creating a warm and inviting interior you simply don't see in newer construction. Thoughtfully updated bathrooms add modern comfort while preserving the home's unique style.
Major improvements bring peace of mind, including a brand new roof on the main home, detached garage, and all additional structures.
The property truly shines outdoors. Enjoy two garages-one attached and one detached-along with a blacktop driveway that doubles as a basketball court, perfect for recreation and entertaining. The fully functional above-ground pool sets the stage for summer fun, while the wraparound porch flows seamlessly into a spacious deck, ideal for relaxing or hosting.
Set on a generous lot, the backyard offers endless possibilities-whether it's kids playing, weekend cookouts, or memorable gatherings with family and friends.
A rare combination of character, updates, and outdoor amenities at an approachable price point-this is one you don't want to miss.
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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