635 LUKENS AVENUE
About This Property
Enter through the screened, four-seasons room (perfect for morning coffees and catch-ups with friends) and into the main living area, complete with a mantled, working brick gas fireplace. Through the charming arched entryways, find the formal dining area-this will be great for holiday dinners for years to come! The kitchen is spacious and features a back door to the yard, as well as an intimate area for a breakfast table. A half bath and den/tv room are also on this level.
Upstairs, find all three bedrooms and a full bathroom with a jetted tub/shower. Each bedroom includes a ceiling fan and closet space. The smaller bedroom (currently used as an office space), also features a door that gives access to the second-floor deck. Additional outdoor amenities include a small patio beneath the deck, two sheds for storage, and a decent-sized, fenced-in private yard.
More features of the home include an unfinished basement that's great for storage (this is also where the laundry hook-ups are located), central heating and cooling, heated floor in the bathroom, as well as a large driveway for parking. The home also has newer mechanics, as well as a new sewer line with a 50-year warranty. This is a move-in ready scenario.
Located in Upper Darby, 635 Lukens is close to a number of public transportation hubs, including the Parkview SEPTA station and 69th Street Transit Center. Right in the neighborhood, find Naylors Run Park, where you'll enjoy a small waterfall, playgrounds, tennis courts, picnic areas, and open fields. For groceries, ACME Markets and The Fresh Grocer of Upper Darby are close by. And for nights you don't feel like cooking? Local dining spots like Taqueria Juanchito and Tlali Restaurant are often frequented by neighbors.
Come see it for yourself and schedule a tour 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%.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017