563 Lancaster Road
About This Property
Cozy up by the real wood-burning fireplace in the expansive living area, which seamlessly flows into the dining and kitchen spaces. All bedrooms are conveniently located on the main floor, ensuring easy accessibility and comfort. The large owner's suite is a true retreat, boasting dual walk-in closets for ample storage.
With the option to finish the upstairs, you have the potential to expand your living space and customize it to fit your needs. Don't miss this incredible opportunity to own a piece of paradise with endless possibilities!
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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