12 Crabapple Lane
About This Property
The home features a beautifully designed kitchen with quartz countertops, custom cabinetry, stainless steel appliances, and a pot filler above the range. Hardwood floors run throughout, complemented by tastefully updated bathrooms and refined finishes across every level.
Major improvements include a new roof, 150-amp electrical service, updated mechanical systems, and a new 400 gal Roth oil tank-providing both style and long-term value.
The exterior showcases new siding, a newly installed asphalt driveway, and attractive stonework that enhances the home's curb appeal. A spacious rear deck offers the perfect setting for outdoor living and entertaining.
A true turnkey opportunity with high-end finishes throughout-nothing to do but move right in.
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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 Commack
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017