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449 52nd Street
About This Property
This home features an updated eat-in kitchen (renovated in 2021) with white cabinetry, quartz counters, stainless steel appliances, including a Bertazzoni gas stove and microwave. Luxury vinyl floors thru-out.
Outside, enjoy a 75 x 100 lot with a Trex deck, all-white vinyl fencing, and a 6-car driveway, providing plenty of space for gatherings, play, and parking.
This home also offers practical peace-of-mind features: 200-amp electric service, central air, a whole-house fan, full attic with stairs, two-zone heat and an alarm system. Roof and central air (2016). Taxes with Star $11,164.38 Home is conveniently located near shopping, parks, pickleball courts, elementary school and transportation, and the beautiful Village of Lindenhurst with its restaurants, and local amenities.
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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 North Lindenhurst
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017