202 Limpkin LANE
About This Property
Inside you'll find a stunning brand new kitchen updated in 2023 with solid wood cabinets, quartz countertops, pantry, stainless appliances, beautiful backsplash and wired for a dishwasher. The open floor plan from the living room, family room as well as dining area beside kitchen is perfect for entertaining. The inside laundry room adds convenience leading to the storage room and garage. The master bedroom has ample closet space plus en-suite bathroom featuring shower stall. Guest bathroom is complete with shower/tub combo and both bathrooms have upgraded cabinets and sinks. The second and third bedrooms are also a great size with closet space and ceiling fans. All tile throughout means NO carpet!
In addition to the newly remodeled kitchen in 2023 other updates include: architect shingle roof installed (2023); tankless water heater (2022); plumbing replumbed (2022); HVAC rebuilt w/warranty from Duke Energy (2022); water softener & reverse osmosis filtration system (2022); sliding glass door leading to the large back yard with fruit tree and wooded acre beyond the cross fenced back yard. Don't miss your chance to schedule your private tour of this well-maintained home! If you're curious about the construction on the lot next door it will be a brand new home. This is a peaceful area.
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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