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4 Robert Lane
About This Property
This upside-down Raised Ranch offers a distinctive floor plan and plenty of space to make your own. The main level includes the kitchen, living room, dining area with sliding glass doors, a half bath, laundry area, and access to the 2-car garage-all conveniently arranged for everyday living. Upstairs, you'll find 3 bedrooms and 2 additional bathrooms, 1 full and 1/2 bath in the primary bedroom, offering a comfortable retreat from the main living areas.
Set on a .41-acre lot, the property provides a spacious yard with room to garden, entertain, or expand. Located just minutes from Route 9, shopping, dining, and commuter routes, it's a prime location in a peaceful neighborhood. Home needs TLC, but with vision and updates, it could be a standout property. Great opportunity for investors, flippers, or buyers looking to add value and create their dream home.
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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