6448 LANCASTER DRIVE
About This Property
Lies this utterly charming mid-century modern farmhouse contemporary that has been
lovingly cared for and thoughtfully renovated throughout!
So light and bright and beautifully sited on a gorgeous manicured LAKEFRONT LOT
within the ever so popular Warrenton Lakes Community!
Featuring Lakefront Views throughout this 4 bedrooms 2.5 baths with Vaulted Ceilings,
Built-Ins, Wood Burning Fireplace, Large Shed, an Enormous Eat-In Kitchen with
sizable storage spaces and a large fully Fenced Yard with two spacious rear decks
overlooking the vibrant lake filled with extraordinary wildlife!
Conveniently located only minutes to downtown Warrenton and all major commuter
routes.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017