34 Botany LANE
About This Property
Do you have a few cars, motorcycles or need extra storage space? Don't worry because this home has you covered with a 4 car garage. Currently, half of the garage has been converted to an office/climate controlled storage (under heat/air) but can easily be converted back to the original 4 car garage if needed.
This home offers 3 bedrooms, 2 baths and 1980 living square feet (not including the extra under heat/air square footage in the garage) and ready for new owners. It has an open floor plan, large island in the kitchen, big bedrooms and an updated master bathroom. Other upgrades include: vaulted ceilings, stainless steel appliances, upgraded lighting, washer/dryer, garbage disposal, blown insulation in the attic, tiled lanai, partially fenced yard, sprinkler system on a well, security system, security lighting, and fruit trees. Don't miss out on your chance to have a rare 4 car garage and very versatile home.
Call now to schedule an appointment today.
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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%.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017