120 Marlowe Drive
About This Property
Recent updates include a new roof (2025) ,new HVAC system (2025)for added peace of mind. Upstairs, you'll find two additional bedrooms, a loft, and a bonus room, offering plenty of flexible space for an office, playroom, or guest area.
Set on a wooded lot with no HOA, this property also includes a two-car garage and plenty of outdoor space to enjoy. Combining comfort, practicality, and timeless appeal, this home is ready to welcome its next owner.
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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