2 Levon Lane
About This Property
Features include: Primary Bedroom with Full Bath & Walk in Closet/ Dressing area; 3 Additional large Bedrooms with large closet space; Additional Full Bath; Formal Living Room; Den with Fireplace and French Doors leading to patio; Separate Deck overlooks a full basketball court & large property; Formal Dining Room; New Updated Modern Kitchen with an open concept design, Large Island w/granite countertops, New stainless steel appliances. The Breakfast dining space also overlooks the private patio. This open concept design combines the Kitchen, Formal Dining Room and Breakfast Dining space which includes a Coffee Bar by day, Entertainment Bar by evening, this allows for entertaining family and friend with versatility in seating design! In addition the home has 2 Half Baths; Laundry Room; 2 Car Attached Garage and a Full Finished Basement with an outside entrance.
Modern Upgrades include : Upgraded Electric; High Output Baseboards; CAC; Mini Split System in the Finished Basement; New Roof, New Windows, New Siding; New Front & Rear Doors & Leased Solar Panels.
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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