3105 Lynn Drive
About This Property
Stainlees appliances-Newly renovated 3 bedroom, 2 bath move in ready home located in Holley Shores! This adorable cottage home boasts a bunch of updates including new stainless steel appliances, new paint, newly renovated kitchen with quartz and glass back splash, new high end laminate flooring, and new fan and light fixtures. Home has a detached garage with a brand new roof and is situated in the gorgeous and peaceful wooded section of Lynn Drive.-2015 AC/Heat
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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