8805 LANIER DR
About This Property
Find a bright living room on the main level with a wood-burning fireplace and a gorgeous wood mantle. The nearby eat-in kitchen features stainless steel appliances and a cheerful breakfast area. French doors lead from the kitchen to the screened-in deck, where you can dine, entertain, work, or relax with views of the spacious fenced backyard. It's the perfect spot for a safe, private oasis for adults and kids, plus your pets will have plenty of space to run and play.
Adding to the features is a spacious lower level with a family room, storage area, and laundry room. Plus, the space walks out to the home's backyard for convenience and safety. This home is a must see, and the neighborhood and community are fantastic.
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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 Silver Spring
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Currently no similar homes aroundNearby Rentals
$3,950 /mo
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- 1,998 ft²
$4,000 /mo
- 4 Beds
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- 2,522 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017