81 LION DR.
About This Property
DON'T MISS THIS ONE! Charming brick rancher in a fantastic location within Southwestern School District! This 3 bedroom, 1 bath home offers comfortable one-level living, a finished basement, fresh new paint and carpet, and plenty of space to make your own.
The finished lower level is a huge bonus and adds tons of flexibility! Need more room? The additional bonus room has the potential to serve as a 4th bedroom, home office, guest room, playroom, workout space, or whatever fits your lifestyle best.
Step outside and enjoy the flat, fully fenced backyard-an ideal setup for kids, pets, or simply relaxing outdoors.
Located in a quiet neighborhood just minutes from shopping, dining, schools, recreation, and everyday conveniences, this home checks a lot of boxes. New carpet, finished basement, flexible bonus space, fenced yard, and a convenient location all come together to make this property one you'll want to see.
Homes with this much versatility and potential don't come along every day. Schedule your showing and come see everything this rancher has to offer!
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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