267 Lord Byron Lane
About This Property
The first floor showcases an open layout perfect for entertaining. Sun-drenched living and dining areas feature a soaring ceiling and a gorgeous gas fireplace. The chef's kitchen includes custom cabinetry, counters, backsplash, island, and top-of-the-line appliances. The first-floor primary suite is beautifully designed with a walk-in closet and lovely bath. A second first-floor bedroom and full bath provide a wonderful space for guests.
The den is ideal for working from home or simply relaxing and unwinding. A second-floor loft adds endless possibilities for work, study, and play.
Lush landscaping, a covered patio, and proximity to all conveniences complete this spectacular home. I'd like to Welcome you to your home!
Also listed as Condo/Townhouse, please refer to MLS# B1703366.
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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 Erie
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Data Source: NYSAMLSs, MLS# B1702310
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Address: 335 Madison Avenue, New York, NY 10017