4 Laura Drive
About This Property
The sun-drenched main level is designed for effortless everyday living. A well-appointed kitchen features updated stainless-steel appliances, including a refrigerator, dishwasher, range, and gas oven. The dining area flows seamlessly into a large enclosed deck overlooking the fully fenced backyard. Three generously sized bedrooms and a full hall bathroom complete this level, with the primary bedroom offering the added convenience of a private en-suite half bath.
The lower level expands the home's living space, with direct backyard access and versatility. Highlights include a spacious second living room, bedroom, storage/bonus area, laundry area, and access to a two-car garage, all of which enhance the home's everyday practicality. The level backyard offers excellent outdoor living space with potential room for future expansion.
Recent major improvements include a new ductless heat pump system (2025), a new driveway (2024), and roof (2023), with a transferable 50-year materials warranty. Nearly all windows were replaced in 2021 and feature a lifetime, transferable warranty.
Ideally located near major routes, parks, transportation, restaurants, and coffee shops, this home presents a great opportunity to enjoy comfort, convenience, and quality living in a prime Airmont location.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017