5013 LANNIE Road
About This Property
of commercial appliances, food prep island with sink, pot filler on stove and lots of extra storage in oversized pull out drawers for pots and pans and a butlers pantry. All solid
granite surfaces throughout home. Need a home office? There is a dedicated library/office and a larger separate bonus room that could be used as a 2nd office, game room, or play room. The large rocking chair front porch overlooks the fully stocked pond. The oversized fully covered rear porch would make a excellent area for entertaining or would be an awesome site for a future pool! There is a three car garage which will accommodate up to a 1 ton truck. Need more storage? There is an additional well, septic tank, and power at the front of the
property for your custom barn and future RV parking. Possibility's are endless with 5.54 acres to spread out on, must see to appreciate.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017