4928 LEEDS AVENUE
About This Property
Welcome to 4928 Leeds Ave. Opportunity awaits in this charming 2-bedroom, 3 full bathroom Cape Cod situated on a desirable corner lot! Offering plenty of space and endless potential, this home is ready for your personal touches and vision to make it truly shine. Traditional floor plan includes a finished basement with a potential 3rd bedroom, full bathroom, and rental or in-law suite possibilities. Car enthusiasts, hobbyists, and contractors will appreciate the oversized 2-car garage equipped with 240-volts on a 60 amp breaker electric service, providing the perfect workspace for projects and equipment. Enjoy the fully fenced backyard, ideal for pets, entertaining, or creating your own outdoor oasis. Major updates include a roof that is less than five years old, offering peace of mind for years to come.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017