414 LECONEY AVENUE
About This Property
This move in ready property has been thoughtfully refreshed with modern finishes throughout. Step inside to a bright and inviting layout featuring updated flooring, fresh paint, and stylish fixtures. The renovated kitchen offers updated cabinetry, countertops, and appliances, flowing seamlessly into the main living area, perfect for everyday living and entertaining.
Upstairs you will find three comfortable bedrooms and an updated full bathroom. The main level half bath adds convenience for guests and everyday functionality.
Additional features include a full basement with concrete flooring, providing excellent storage or future finishing potential, plus driveway parking for added convenience.
Located close to major highways, shopping, dining, and easy access to the Tacony Palmyra Bridge for commuting to Philadelphia.
Completely renovated and ready for its next owner. Just unpack and move right in.
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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 Palmyra
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017