7335 MOUNTAIN LAUREL RD
About This Property
The main level boasts an open floor plan connecting the kitchen, family room, and dining area, creating a warm and inviting space. The original part of the home includes a front sitting room, a small bedroom, and a full bathroom. The primary suite on the second level offers a jetted tub and walk-in shower, providing a private retreat.
A standout feature is the separate 2-bedroom in-law suite/apartment with its own full kitchen--ideal for multigenerational living or as an income-producing rental. This unit features its own entrance with ramp and separate driveway. The main level laundry conveniently separates this space from the rest of the home.
For car enthusiasts or hobbyists, the property includes a detached 3-bay garage (sold As-Is, rubber roof in need of repair) and an additional single-car garage or utility shed for extra storage.
With 3-zone HVAC and a history of meticulous maintenance, this home is ready for its next owner. Don't miss this rare3 opportunity --schedule your showing 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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017