1339 Lander Ln
About This Property
This is a beautifully maintained modern ranch-style home. The original owners have maintained and improved this home with new paint inside and outside, new carpeting, hardwood flooring, new kitchen appliances and a professionally-installed epoxy garage floor. Among the many attractive features: A spacious, bright primary living area that includes new KitchenAid appliances, a natural gas fireplace and ample room for entertaining. A two-car garage with good lighting and a high ceiling for future mezzanine storage. 3 bedrooms, 2 full baths, spacious office, laundry and unfinished 912 square foot basement with plumbing rough-in for a future bath. A quiet rear covered porch for relaxation. A low-maintenance landscape with irrigation, both front and rear. Interior and exterior have been newly painted, leaving this home ready for move-in.
Located in the desirable Coal Creek Village North neighborhood, where modern ranch-style homes are rarely listed, this home has a bright, open feel, with trails on the north and west sides. Don't miss the opportunity to live in convenient Lafayette in a modern, beautiful ranch home in a great city neighborhood.
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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