4 RANDOU Place
About This Property
and formal dining room, which could also be used as a den or office. In the kitchen, you'll find ample cabinet space and appliances only three years old. The
home features a split floor plan centered around a spacious living room with a fireplace to keep you cozy on cool nights. Kick up your feet and enjoy the
fresh air in the large backyard.
The backyard offers both sunny and shady areas complete with a paved patio and several fruit trees. A rear fence and natural vegetation on either side of the property provide extra privacy. This home has been lovingly maintained and is ready for a
new family to make it their own. Brand new garage door, HVAC replaced 2012, Roof replaced 2010, recent Survey on file. Flooring has been installed in the
garage attic for usable storage space. Seller is Motivated!
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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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About Lehigh Woods
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$2,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017