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2449 Roundabout LN
About This Property
Inside, the remodeled kitchen w/ breakfast bar island shines with gorgeous Quartzite countertops, cabinets to the ceiling, new stainless steel appliances & apron sink, and updated light fixtures. The primary bath showcases double vanities, a soaking tub, separate shower, and walk in closet. The secondary bathroom has also been updated. Stylish LVP floors flow throughout the home's open floor plan, complemented by new shaker-style interior doors w/ updated hardware. The upgrades continue with raised garden beds, water purification system, built-in cabinets in the laundry room, Nest thermostat, Ring doorbell, & window treatments. The extended covered rear porch and no neighbor behind offers privacy-perfect for outdoor relaxation.
Additional highlights include new roof (2023), fresh landscaping and paint, and new water heater & water softener.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 16, 2025 | Listed by Keller Williams Realty | $375,000 | |
| Listed by Keller Williams Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017