3044 Lindsay Drive
About This Property
This NO HOA property offers modern updates throughout, including a new roof and windows and stylish luxury vinyl plank flooring. The open-concept living area features classic ceiling beams, abundant natural light, and a cozy real wood-burning fireplace perfect for relaxing or entertaining. The kitchen is equipped with stainless steel appliancesand seamlessly connects to the spacious living room.
Outside, unwind on the rocking chair front porch or take advantage of the private, wooded lot. A two car garage provides plenty of storage and convenience.
Enjoy the best of both worlds modern living and natural serenity, all in a highly desirable location. Seller has partner with a preferred lender, giving a lender concession with use of preferred lender. Please contact agent for details!
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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