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1712 LOCKSLEY LANE
About This Property
Inside, the expanded main-level family room impresses with soaring 10-foot ceilings and a gas fireplace-an ideal space for relaxing or entertaining. The gourmet kitchen, complete with a large center island, is a natural gathering spot for family and friends. Upstairs, the luxurious primary suite features new LVP flooring, two walk-in closets, and a spa-like ensuite bath with tall double vanities, a soaking tub, and a separate shower. Four additional bedrooms and a hall bathroom round out the upper level. The finished walk-out lower level offers full-size windows, 9-foot ceilings, a sixth bedroom, abundant storage, and a rough-in for a full bath-perfect for future customization. Additional recent updates include refinished hardwood floors, fresh neutral paint, new carpeting throughout, a reverse osmosis water system in the kitchen, and a new roof (2020). This is more than a home-it's a lifestyle. Don't miss your opportunity to make it yours!
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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