121 Ladybug Lane
About This Property
The thoughtful design of this multi-level home, offers a perfect blend of open living and private retreats. The main floor welcomes you with a seamless open-concept living space, ideal for entertaining and everyday living. Descend to the lower level, where you'll find two comfortable bedrooms and a full bathroom, providing a separate zone for family or guests. The entire upper level is a private sanctuary dedicated to the primary suite. This includes a generously sized bedroom with its own private screened in balcony, a modern bathroom set up with a separate toilet room, dual vanity and a beautifully tiled step in shower, and an oversized walk-in closet boasting built-in shelving and the added convenience of laundry right where you need it most. This layout offers both connection and privacy for everyone.
Step out onto the large back deck to enjoy outdoor living at its finest. The expansive back deck overlooks the sprawling, fully fenced backyard oasis, complete with a archway trellis leading to the cozy fire pit, this is the ideal set up for entertaining, dining al fresco, or unwinding after a long day.
Enjoy this truly unique property in a quiet neighborhood setting but just moments away from shops, restaurants, Twin Lakes Golf Club, and all that Chapel Hill, Pittsboro and the rest of the Triangle has to offer.
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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