1524 Laurel Top Drive
About This Property
Enjoy dinner parties in the formal dining room or take the fun outside to the expansive deck, ideal for grilling and outdoor gatherings. The large side yard offers plenty of space to relax or play, while 9' ceilings in the living room add an airy feel. The Trane HVAC system (2019) has been diligently maintained twice a year by Classic Comfort Heating & AC, offering efficient year-round comfort.
This home's upgrades, spacious layout, and outdoor entertaining potential truly set it apart.
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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