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1496 Stanley Lane
About This Property
HOME IS IN NEEDS A LOT OF COSMETIC REPAIRS- This home is a 3 bedroom plus and additional bedroom for an office, 2 bath block home with a carport. Home offers a nice size kitchen and an inside laundry room! Extra room off the kitchen with a window unit is great for additional storage. Water heater-2015 and AC-2017. The home also has a pool that is in bad shape need of resurfacing and repair.
PLEASE NOTE THAT THIS IS AN ESTATE SALE AND THERE ARE NO DISCLOSURES
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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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About Leewood Forest
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$2,300 /mo
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$2,300 /mo
- 3 Beds
- 2 Baths
- 1,597 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017