229 Larcom Lane
About This Property
Inside, you'll find a cozy gas log fireplace, an oversized master suite with a walk-in closet, and 2 additional generously sized bedrooms designed for comfort. The bright and airy kitchen provides ample cabinet space and a functional layout, ready for your personal touch. The dedicated laundry room adds convenience, making everyday chores a breeze.
Step outside to the large screened-in back porch-an ideal spot to sip your morning coffee or unwind in the evening while enjoying the serene, beautifully landscaped backyard. With new Leaf Guard gutters, a 7-year-old HVAC system, and a 5-year-old AC unit, this home is built for lasting comfort and peace of mind.
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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