33
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260 Lake Drive
About This Property
This home offers the perfect blend of modern style and effortless living. Thoughtfully updated throughout, this sun-drenched home features a bright open layout with designer finishes, wide-plank flooring and a stunning new white kitchen with quartz countertops, subway tile backsplash, stainless steel appliances and sleek black hardware.
The inviting living space flows seamlessly from the kitchen into the open dining/living area creating an ideal setup for both everyday living and entertaining. Three generous sized bedrooms- including a large primary bedroom with ample closet space- and a beautifully updated full hall bath complete the main level. The full unfinished basement can be finished as a gym, office or an additional hangout space and provides lots of storage space (plus you've also got an attic and a 1.5 car garage!).
Outside, the expansive property offers endless possibilities. Whether you envision outdoor entertaining, a garden or simply enjoying the space there is plenty of room to enjoy. Move-in ready and impeccably styled, this turnkey Ranch combines comfort, functionality and modern charm and is convenient to shopping, transportation and is minutes from the fabulous restaurants in Patchogue. Low taxes!
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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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About East Patchogue
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$6,000 /mo
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- 2,200 ft²
$2,400 /mo
- 1 Bed
- 1 Bath
- 1,629 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017