1616 Lena Street
About This Property
Spacious master bathroom and bedroom designed for elegance, featuring a large garden tub, a separate walk-in shower, and an abundance of closet space for ultimate convenience. The all-white color palette is beautifully accented by gray granite countertops, creating a serene, spa-like atmosphere.
Each of the 3 additional bedrooms each have full walk-in closets, recessed lighting and upgraded ceiling fans, and high-end carpet for a quiet interior.
The entire home is outfitted with custom white plantation shutters. and boasts additional closet storage in halls, baths, and laundry.
A large garage provides ample room for vehicles, storage, while low-maintenance features like full sprinkler system, smart landscaping, and efficient systems make everyday living effortless. Added upgrades include screened garage door, and entire house seamless gutters, and front door lockable glass storm door with adjustable screen feature. Fully privacy fenced backyard, and an expansive 28 foot covered porch makes this home perfect for watching sunsets and sunrises.
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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