2990 E CENTRAL AVENUE
About This Property
Inside, you'll find warm knotty pine barn doors on rustic wrought iron tracks, along with durable laminate and tile flooring throughout. The layout is both functional and inviting, offering a relaxed setting for everyday living or entertaining. A full-length screened back porch spans the rear of the home and overlooks the serene waters of Lake Star-perfect for morning coffee, evening relaxation, or weekend gatherings. There's also ample room to enclose part of the porch if you'd like to create a third bedroom or bonus space.
The exterior is just as impressive, featuring a large two-car garage, a separate storage shed, and plenty of space for your RV, boat, or other recreational toys. With one full acre of land and no rear neighbors, you'll enjoy peace, privacy, and endless possibilities-all while still being close to town.
This hidden gem won't last long. Schedule your private showing today and come see what lakeside living is all about.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017