787 LOCKLEAR AVENUE
About This Property
Step inside to a cozy and functional layout filled with natural light and timeless character. Recent updates include a brand-new roof, giving you peace of mind and added value. With two comfortable bedrooms and an updated bathroom, and Florida room the home is move-in ready while offering room to personalize and make it your own.
Outside, the generous yard space is a rare find-ideal for gardening, pets, play, or even future expansion. Whether you're dreaming of building a workshop or simply enjoying the wide-open space, this property offers endless possibilities.
Located in a quiet, established neighborhood, you'll enjoy privacy and flexibility, all while being conveniently close to shopping, dining, and local amenities.
Don't miss this opportunity to own a charming home with no HOA, no CDD, a new roof, and a spacious lot to call your own. Schedule your private showing today and imagine the possibilities!
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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