4 Lawrence Drive
About This Property
Step inside to discover a beautifully renovated kitchen featuring sleek cabinetry, quartz countertops, and stainless steel appliances. Both bathrooms have been tastefully updated with contemporary fixtures and finishes. Tons of natural light flood the spacious living areas, highlighting the original hardwood floors upstairs, which have been beautifully restored to their natural beauty. Gorgeous trim work and elegant light fixtures add a touch of sophistication to every room. Downstairs, you'll find a bonus dena versatile space perfect for a toy room, fitness area, or home office. Additional upgrades include a brand-new roof, a newly redone garage with epoxy flooring, and a stylish new paver driveway and walkway that enhance the home's curb appeal.
Located in the heart of Neptune City, this home is just minutes from local marinas, beaches, dining, and shopping. Don't miss the chance to own this beautifully renovated gem!
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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