1475 MORDOR LANE
About This Property
The home features custom closets, an updated primary bathroom, and a convenient laundry chute. Recent improvements include newer carpet (2024), a new refrigerator (2025), new washer and dryer, and a new HVAC system (2026). Additional updates include a newer water heater (2021) and windows updated in 2015.
The basement adds valuable flexibility with a separate room that can be used as a home office, gym, hobby room, or additional flex space to suit a variety of needs.
Exterior improvements include a new roof, gutters, and leaf guards installed in 2021.
With four bedrooms, flexible living space, and numerous updates throughout, 1475 Mordor Lane offers a great combination of space, function, and convenience. Schedule your showing today!
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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%.
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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