2022 LANSDOWNE WAY
About This Property
This Tudor cottage sits on a desirable corner lot, featuring a perennial woodland garden in the backyard that offers a serene and private outdoor space. The home also includes a new porch, perfect for enjoying your morning coffee or evening relaxation. The driveway provides convenient off-street parking. Additionally, the house boasts a brand-new roof, ensuring durability and peace of mind for years to come.
Step through the charming rounded front door into a warm and inviting space featuring beautiful oak flooring. The living area is adorned with a casement window that allows natural light to flood the room. The original tiling in the bathroom adds a touch of vintage elegance.
The upper level is enhanced by skylights and newly installed windows, creating a bright and airy atmosphere perfect for bedrooms or a cozy reading nook.
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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.
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About Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017