5158 OLD BARTOW EAGLE LAKE ROAD
About This Property
With a newer roof and two newer central A/C units already in place, several major components have been updated, giving you a strong head start on improvements and long-term value.
Inside, you'll find five generously sized bedrooms, spacious living areas, ceramic tile throughout, and closets galore - many of them walk-in. The oversized kitchen is a true standout, featuring abundant cabinetry and plenty of space to cook, gather, and entertain. An inside laundry room and dedicated office/den add even more functionality.
Outside, enjoy covered parking, a covered front porch, an open rear patio, and a nearly one-acre lot offering endless possibilities.
For investors, the layout easily lends itself to a duplex conversion or mother-in-law addition, creating multiple income opportunities. The home does need some TLC, but it is in good condition and full of potential.
And if you're simply looking for a large home with a large yard to make your own, this could be the perfect fit. With a little vision and care, this property could truly become someone's dream home. INVESTORS WELCOME!
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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