36
Map
9 Adrian Drive
About This Property
An open loft area overlooking the family room provides flexible space ideal for a home office or potential 4th bedroom. The powder room is conveniently located with easy access from both the kitchen and pool area, making entertaining a breeze.
Additional highlights include a finished partial basement with interior access from the attached 1-car garage, newer appliances, central air conditioning, and oil heat with gas available on the street for easy conversion. The home is equipped with outdoor security cameras for added peace of mind.
Enjoy outdoor living with an above-ground pool, spacious deck, and a charming pergola-ideal for relaxing or entertaining.
Recent updates include a 1-year-old retaining wall and front stoop. Low taxes-$9,554 before STAR-make this home an exceptional value.
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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 Lake Ronkonkoma
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Data Source: OneKey MLS
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