3002 LANCER DR
About This Property
This home is not only aesthetically pleasing but also boasts a host of recent upgrades. The roof, hot water heater, flooring, washer-dryer, stainless steel kitchen appliances, sod, lighting, and the porcelain tile and vanities in the bathrooms were all replaced in 2023.
As you step inside, you're greeted by a sleek open floor plan in the living room. This home is thoughtfully designed to offer each family member their private space while fostering a central hub for gatherings and shared moments. The fenced-in backyard is a paradise for those who love to entertain.
Parking will never be an issue with the expansive driveway capable of accommodating multiple vehicles comfortably. This remarkable home is priced to sell quickly and won't be on the market for long. Open house on Saturday 11/25 from 3-5 pm. Schedule a showing today!
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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 Hyattsville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017