11624 Truan Lane
About This Property
Inside, you'll find an open living and dining area centered around a cozy fireplace-great for relaxing or entertaining. The spacious bonus room/bedroom upstairs provides endless versatility, whether you need a home office, playroom, or media space. The primary suite features a large bedroom, a beautifully appointed bathroom, and a generous walk-in closet. Two additional bedrooms share a full bath, offering plenty of space for family or guests.
Enjoy peace of mind with recent updates including brand new carpet, HVAC (2021), dishwasher, half bath vanity, and updated bathroom faucets.
Outside, a fully fenced backyard offers privacy and space for outdoor living, while the detached garage adds convenience and storage.
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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