457 Laconic Avenue
About This Property
The generously fenced yard provides a safe and open space for kids and pets to play freely. Recent upgrades include a hybrid water heater (2021), a new Bosch dishwasher and microwave (2024), and an updated septic system, pumped in 2024. For pure, clean drinking water, there's a reverse osmosis system in place.
The attached two-car garage offers direct access to the laundry room, enhancing convenience. Outdoors, a remarkable 24 x 64 pole building with its own driveway provides ample storage space for an RV or recreational toys. Located in a peaceful neighborhood with minimal traffic and no nearby neighbors, this home combines comfort, functionality, and privacy in a perfect setting.
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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 Eisenhower
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017