8018 MARTOWN ROAD
About This Property
The inviting exterior features a newer front door and a charming second-floor balcony. Inside, the living and dining rooms are elegantly connected by glass French doors, creating an ideal flow for entertaining. The sun filled open floor plan includes a spacious kitchen offering a peninsula island and white cabinetry, while the family room highlights a bay window and a rustic stone fireplace. A sunroom with accent molding opens to the beautifully landscaped yard enclosed by a sleek black aluminum Long® Fence. The oversized laundry room with garage access and a fully renovated powder room featuring a modern floating vanity add both function and style to the main level. Upstairs, the primary suite impresses with crown molding, a walk-in closet, an en suite bath, and its own private balcony. Three additional generously sized bedrooms and a hall bathroom complete the upper level. The expansive walkout lower level is ready for your custom finishes and includes a large storage area, offering endless potential. Ideally located around the corner from Hammond Park Pool with easy access to major commuter routes and just minutes from shopping, dining, and entertainment-this turnkey home offers comfort, style, and flexibility in a prime setting.
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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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About North Laurel
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017