10 Marc Drive
About This Property
The primary suite features a walk-in closet and en-suite bath and 3 other spacious bedrooms with plenty of storage space. Additionally there is a partially finished basement offers great bonus space for a home gym, office, or playroom and its own outside entrance.
Enjoy the privacy of a fenced-in backyard with a trex decking and paver patio featuring an in ground pool with waterfall, deck with built in grill with granite countertop, landscaping all around, and a peaceful zen garden with mini-waterfall. -perfect for relaxing or entertaining. Additional highlights include a 1 car attached garage with work bench, lawn sprinkler system, and lots of storage space. Situated near a nature preserve and also a short drive to town, it is situated in a great location with quick access to major highways.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017