227 Laurel Drive
About This Property
Move right into this beautifully refreshed home where every detail has been thoughtfully upgraded - including electrical, plumbing, furnace, central air, hot water heater, roof, gutters, drywall, paint, and flooring throughout.
Enjoy two generously sized bedrooms, with walk-in closets, and 1.5 bathrooms. The spacious laundry area includes a handy utility sink, perfect for everyday convenience. The kitchen is a standout with its dining nook, newer stainless-steel appliances, and a walk-in pantry for all your storage needs.
Step outside to the backyard ideal for relaxing, entertaining, or gardening plus a 1.5-car garage offering extra space for storage or a workshop.
Don't miss this move-in ready gem that blends modern updates with comfort and charm!
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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