1552 Lena Street
About This Property
In the kitchen you will love the wood cabinetry, over sized island made to look like a piece of furniture, custom pull out drawers in many of the bottom cabinets, under cabinet lighting, thick granite counters, and all appliances are stainless steel including the upgraded induction stove. Check out the walk-in pantry for ample storage of all your sundry items!
The master bedroom is on one side of the home where you will find upgraded laminate flooring, french doors exiting to the pool and lanai, and a luxurious en suite bathroom. This master bath features two walk-in closets, dual vanity, a soaking tub, walk-in shower, and private water closet.
On the other side of the home are 3 ample sized bedrooms and 2 full bathrooms. The rear bedroom overlooking the lanai and pool has its own private bath that also leads out to the pool area for ease of use. Bonus: Each bathroom in this home even has a linen closet!
The seller has made several additions to the home, such as: wood laminate flooring, salt water pool with several water features and screened enclosure. 3 sets of french doors that exit to the backyard for maximum enjoyment, sprinkler system in front and rear yard, landscaping, 10 year transferable termite bond, whole home gutter system, custom blinds, and upgraded/added electrical outlets.
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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