11 Apple Lane
About This Property
This home boasts hardwood floors, an open floor plan, with lots of closet space, and attic storage. The owners' suite has a walk in closet and en suite bath.
Main bathroom has an over sized jetted tub with rain shower head.
Large kitchen has a peninsula, stainless steel appliances, and granite counter tops. Dining room has sliding glass doors to the deck and patio. Perfect for outdoor entertaining.
A large Bay window lets lots of natural light into the spacious living room.
The finished downstairs gives lots of extra room to use however you want. It's presently used as an office, but has been used as a bedroom and playroom.
Large laundry room, with pantry and storage.
There is also a bonus room, currently used as a home exercise gym.
As if that isn't enough, there is central air, a heat pump, large 2 car garage, and the leased solar panels will reduce your energy costs. Additional Information: ParkingFeatures:2 Car Attached,
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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