35100 LANCE Road
About This Property
The updated primary suite has a large walk in closet, and updates including: light fixtures, ceiling fans, new roof 2012, HVAC 2023, water softener 2022 and well 2017.
Front and back porch areas feature custom shaded sun screens. Detached 3 car garage added in 2009 with river rock frontage and vinyl siding on sides and back, 100AMP service power and shingle roof.
Enjoy the quiet country setting while being just 8 min from shopping and 25 min to JIA. Hurry and schedule a showing, you don't want to miss this!
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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