524 E 4TH STREET
About This Property
The traditional floor plan offers comfortable living spaces, two bedrooms, and two full bathrooms. The kitchen is equipped with stainless steel appliances, including a refrigerator, range, dishwasher, and built-in microwave, along with a washer and dryer for added convenience. Luxury vinyl plank flooring complements the newly installed 2026 carpet and fresh interior paint.
Outside, the property offers a spacious lot with a front porch and patio, providing plenty of room to enjoy the outdoors, garden, entertain, or simply relax. A driveway provides convenient off-street parking, with additional street parking available.
This home offers an attractive opportunity for a buyer looking for space, recent cosmetic improvements, and value in Laurel, while still leaving room for personal touches. Conveniently located near local shops, restaurants, schools, and everyday amenities, 524 E 4th Street is ready for its next owner to make it home.
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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