136 LILLIAN AVE
About This Property
The main level features a bright living room and a formal dining room adjacent to the kitchen. The well-appointed kitchen boasts an island and ample cabinetry, opening up to a cozy family room with sliders that lead to the deck. Upstairs, you'll find three bedrooms, including the primary suite with dual closets and an ensuite bathroom featuring a double vanity, soaking tub, and shower. The upper level is completed by a full hall bathroom with a shower/tub combination and a convenient upstairs laundry area. The basement level is ideal for a recreation area, offering plenty of storage space and a full bathroom with a shower. Step outside to a fully fenced backyard with a spacious deck, perfect for outdoor entertaining. This home is perfectly sited for privacy, with a side yard backing to the woods. Enjoy the close proximity to the Grande View Park playground and the convenience of being located with easy access to DC, Baltimore, Fort Meade, schools, shopping, and restaurants. Deadline for offer submission has been set for 12 pm EST Sunday 7/28/24.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017