7 Laurelton Avenue
About This Property
The home features a spacious eat-in kitchen with plenty of room for everyday dining and entertaining. A full cellar with convenient Bilco door access provides additional storage and utility space.
Outside, you'll find a large detached garage complete with loft space, for a workshop, hobby area, extra storage, or potential future use. The oversized property offers exceptional and endless possibilities for outdoor enjoyment, expansion, or recreation.
With low taxes, recent renovations, and ample indoor and outdoor space, this move-in-ready ranch is a rare opportunity you won't want to miss.
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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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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017