2229 LEEWOOD BOULEVARD
About This Property
This home has been beautifully updated, including a brand-new air conditioning system (inside and outside units), luxury water resistant vinyl flooring, fresh baseboards, modern light fixtures, new doors, and new window blinds. The kitchen features brand-new cabinets, quartz countertops, and stainless steel appliances. Both bathrooms have been tastefully remodeled.
Additional highlights include inside utilities for convenience and a large covered porch, perfect for relaxing or entertaining. This block home has a spacious, fenced backyard with no HOA, providing privacy and freedom. Located near top restaurants, shopping, and entertainment. Don't miss out-schedule your showing today!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017