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93 Lloyd Avenue
About This Property
The newly renovated bathroom features dark accents and subway tiles. Three oversized bedrooms can easily accommodate queen and king beds.
Beautifully refinished hardwood floors are located throughout the home, as well as a whitewashed fireplace with marble hearth to match. The Anderson windows have all been recently updated, along with the HVAC (2026), water heater and PVC fencing. This home also runs on gas heat, making your winter heating bill economical.
The basement leads you to the breathtaking seven-foot saltwater reef tank built into the wall, wrapped in shiplap. There is also a custom, multi-level granite bar and waterproof laminate flooring as well as a laundry room, a home gym and ample storage still for all your needs.
The backyard is a renovated oasis perfect for entertaining. Anderson sliding glass doors lead to the upper patio, which is a 16" by 16" free-floating deck with a pergola, a bar area, and an above-ground pool. A Custom dog run allows easy access and exercise for your four-legged best friend. This home is blocks away from local schools, minutes to shopping, four private beaches (for Babylon use only) and the LIRR Babylon stop.
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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