130 Linden Lane
About This Property
This Raised Ranch features an updated kitchen with granite counters, tiled floor and stainless steel appliances. Main home has 4 bedrooms, 1 full bath with a formal dining room and living room. Gleaming hardwood floors complete the upstairs. Beautiful deck off the dining room overlooking the backyard. Downstairs features a family room and a bedroom with wall -to- wall carpeting and sliding glass doors that open to a private patio for additional enjoyment. Upon entering the accessory apartment, you will find a kitchen, living room full bath and a bedroom. A beautiful backyard for entertaining with meticulously maintained mature landscaping, 2 sheds and room for a pool if so desired. Close to all major attractions including Legoland and Woodbury Commons and all major shopping centers. Minutes to Routes 17, 84 and 87. Close to bus and train to NYC.
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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 Orange
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017