6328 MICHAEL LANE
About This Property
The stunning kitchen features all-wood cabinetry, stainless steel appliances, and quartz countertops that continue into both bathrooms for a cohesive, upscale feel. Every detail has been thoughtfully selected to blend style, durability, and functionality.
Situated on nearly half an acre, this property provides room to breathe. Enjoy a fully fenced backyard-perfect for pets, play, or privacy-and unwind on the large screened-in front porch, ideal for morning coffee or evening relaxation.
This move-in-ready home combines modern finishes with spacious outdoor living, offering the best of comfort and convenience. A must-see for anyone seeking quality and space in a peaceful setting with no HOA. Schedule your walk through today!
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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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About Polk
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$2,300 /mo
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$2,200 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017