11515 LUND PLACE
About This Property
This charming 3-bedroom, 2-bath residence offers the perfect blend of classic character and thoughtful updates across approximately 2,100 sq. ft. of living space. Step inside to find warm original hardwood floors, a bright and inviting living room, and an updated kitchen with modern finishes ideal for everyday living.
The home's sunroom addition (2023) adds extra living space filled with natural light - perfect for relaxing mornings or gatherings with family and friends. Enjoy peace of mind with major system updates, including a roof (2017), HVAC (2019), water heater (2024), washer and dryer (2024), and exterior basement door (2025).
Outside, a spacious backyard offers a large patio, lush lawn, and plenty of room for entertaining or play. A long driveway provides ample parking, all set on a generous .27-acre lot in a quiet, established neighborhood close to parks, schools, and shopping.
With its timeless charm, modern upgrades, and inviting layout, 11515 Lund Place is ready to welcome you home.
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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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About North Kensington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017