16004 LACONIA CIR
About This Property
Welcome to this Colonial-style home offering 4 bedrooms and 2.5 baths. The home welcomes you with stylish engineered wood flooring on the main level and carpeted bedrooms for added comfort. The main floor layout includes a designated dining space, a sitting room, and a living room adjacent to the kitchen, complete with a cozy fireplace. The bright kitchen features white cabinets with soft-close drawers and doors, sleek appliances, a kitchen island, and a marble backsplash, all updated in June 2015.The cozy primary suite features an ensuite bathroom, custom vanity and generously sized closet. The basement features a finished living space that is pre wired for sound, making it an entertainers dream.Outdoor highlights include a large deck, a fenced yard, and a 6x8 vinyl shed. The two-car garage offers additional convenience with Chamberlain garage door openers, replaced in 2015. Key updates include premium vinyl siding with insulation, Quantum 2 vinyl windows with Heat Mirror technology installed throughout the home, and a Carrier heat pump and cooling unit. The attic received R38 blown-in insulation and a Silver Shield radiant barrier in July 2010. Additional updates include a sump pump replacement in 2024 and a winterized sprinkler system in September 2015. This thoughtfully updated home is move-in ready, awaiting your personal touches!
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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.
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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 Newport
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017