37 Levi Jones Lane
About This Property
This stunning brick ranch perfectly blends classic charm with modern updates, offering the ideal mix of comfort and style. Featuring 2 bedrooms, 2 full bathrooms, and a flexible bonus room that could be used as a third bedroom. This home is full of warmth and personality, truly move-in ready. Step inside to discover an open layout designed for easy living and entertaining. The updated kitchen is a showstopper, featuring gleaming quartz countertops, stainless steel appliances, a gas cooktop, and elegant gold hardware that adds a touch of luxury. This home also features a beautiful sunroom, surrounded by windows that fill the space with natural light. Recent updates bring both peace of mind and modern appeal, including a roof installed in the fall of 2023, new garage doors installed this year, and tasteful updates throughout. Easy access to NC 42 . As an added bonus, the seller is offering $2,500 in concessions to help with closing costs or rate buy-downs, making this home an even more attractive opportunity. This Macclesfield gem is one you won't want to miss.
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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