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11907 CALLOW TERRACE
About This Property
The sophistication continues into the fully remodeled bathrooms and new flooring. Spanning four finished levels, the home offers incredible versatility-including a massive fourth-level recreation room tailored for a home gym, theater, or private studio. Designed for both comfort and grand-scale entertaining, the layout features a sprawling family room with a cozy wood-burning fireplace and a tranquil sunroom that serves as a seamless bridge to the outdoors. The exterior is equally impressive, boasting an expansive deck and a lush, fenced-in backyard perfect for private relaxation or summer gatherings. HVAC: 4 -5years old/ Hot Water Heater:1 -2 yr old/ Roof-12-13 yrs old.
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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%.
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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.
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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 South Laurel
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017