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15 Argyle Place
About This Property
This expanded cape-style home boasts four bedrooms and two fully updated bathrooms. The large den radiates with the warmth of a spectacular wood-burning fireplace, perfect for cozy evenings. The home's condition is nothing short of immaculate, reflecting the care and attention that has been showered on it.
The heart of this home is the kitchen, equipped with stainless-steel appliances, ready to inspire culinary adventures. A dedicated laundry room adds to the home's functionality, while a secure home security system ensures peace of mind.
Step outside to an oversized lot, that is a landscaper's dream. The professionally curated outdoor space features a paved walkway leading to a welcoming patio, perfect for outdoor dining or simply enjoying a cup of coffee in the morning sun. The yard, enclosed with a vinyl fence, is a private oasis for relaxation. The property also benefits from a natural gas heating system, whole house back up generator, and a lawn irrigation system, ensuring the grounds remain lush and vibrant.
The home comes with a one-car-attached garage, providing convenient storage and parking solutions. The quiet block where this home is located is a part of the charm of the Massapequa community, known for its tranquility and neighborly spirit.
Massapequa offers a wealth of local amenities. Enjoy leisurely strolls in the nearby parks and trails, golf, explore local shops, or dine in a variety of restaurants offering a range of cuisines. Whether you're seeking a peaceful retreat or a vibrant community, Massapequa has it all.
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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 East Massapequa
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017