24 Gabon Lane
About This Property
The layout offers both functionality and flexibility, with generously sized bedrooms and a spacious loft that can easily serve as a home office, lounge, guest space, or bonus room to fit your lifestyle. The primary suite is a true retreat, featuring a private en-suite bathroom complete with a soaking tub and separate shower for a spa-like experience right at home. Smart home systems add convenience throughout, while additional features such as the solar hot water heater, dedicated laundry room, and one-car attached garage make everyday living even more seamless.
Step outside and the lifestyle continues. Set on over 1/3 of an acre, the backyard is a true private oasis designed to impress. The heated inground pool anchors this incredible outdoor setting, surrounded by all new pavers in both the front and rear of the home, a resealed driveway, and wiring in place for an exterior sound system - creating the perfect backdrop for relaxing, entertaining, and enjoying unforgettable summer days and nights. This is a rare opportunity to own a move-in ready home with standout upgrades, beautiful indoor-outdoor flow, and a resort-style setting that truly makes it feel special.
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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