West Lynn! Corner lot! This beautiful updated brick front cape has
5 bedrooms, 1 1/2 baths with possible expansion space to make
another full bath, living room has a brick fireplace to stay warm
in the Winter. Eat in kitchen with sliders out to the back deck
over looking the large fenced in yard. with shed. Harwood Floors
throughout. Roof is 2 years old, 200 amp electric service is 1 year
old, Navien tankless on demand gas heating system is 4 years old,
blown in insulation in walls & attic space. Full basement partially
finished currently being used as a gym, other half is being used as
a workshop. Close to Schools, Highways, Shopping, Golf Course,
North Shore College, Beach,Train, & Lynnwoods for the Basketball
Courts, Hiking, Biking, Walking, & running trails. No showings till
Open House on Sunday 12:00-1:30pm. All Offers are to be in by
Monday Feb 7th by 5:00pm.
Unit Size
1,802 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$294
Property Type
House
Property Taxes
$417
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier)
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.
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Gas Water Heater, Tank Water Heaterless, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Tile, Hardwood
Laundry Features: In Basement
Rooms: 8
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Full, Partially Finished
Parking Details
Parking Features: Paved Drive, Off Street, Tandem, Paved
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, Sidewalks
477 Walnut
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