15929 Lemack ROAD
About This Property
Inside, the home boasts three bedrooms and two bathrooms, designed to accommodate both comfort and functionality. The master bedroom is a true retreat, featuring an en-suite master bathroom equipped with his-and-hers sinks, a luxurious soaking tub, and a spacious walk-in shower. Bedroom 2 is enhanced by a walk-in closet, while Bedroom 3 offers a built-in closet. These rooms share the second bathroom, which is fitted with a practical shower-tub combination.
The living spaces are defined by an open floor concept, seamlessly connecting the living room and dining area with the family room located near the entrance. The kitchen is a focal point of the home, featuring a breakfast bar and two serving windows that add to its functionality and charm. Natural light floods the space through the numerous windows, offering stunning views of the surrounding property.
The back of the home opens up to a covered porch, leading to a dedicated dog run, perfect for pet owners. Additionally, there's a garage located behind the carport, providing ample space for additional parking tools and equipment. The entire property is fenced, ensuring privacy and security.
Notably, this property is free from the constraints of Homeowners Association (HOA) or Community Development District (CDD) fees, adding to its appeal for those seeking a peaceful and unrestricted living experience.
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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