234 Lansing St
About This Property
Key Features:
4 Bedrooms (1 non-conforming)
3 Bathrooms (1 remodeled)
Extra Living Room in the basement
Tons of Storage throughout including room in basement that could be used as another non conforming bedroom!
Newer AC & Furnace
2-Car Garage with unfinished loft space!
Large Yard with plenty of parking
Bonus Potential:
One of the bedrooms and bathroom are part of an old addition ready for remodeling. It is partially demoed. Perfect for an additional rental space or mother-in-law suite!
Prime Location:
Close to Havana Street and Alameda Avenue
Easy Access to Shopping and amenities
Nearby Light Rail for convenient transportation
Don't miss this opportunity to own a spacious and updated home with fantastic potential for additional living or rental space. Schedule a tour today!
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Cap Rate Calculator
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