50
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10 Randall Road
About This Property
A grand entrance foyer with soaring ceilings and an open floor plan welcome you in and set the tone for the entire home. The updated chef's kitchen features quartz countertops, white cabinetry, a wood island, and recessed lighting, flowing naturally into a sun-filled living room anchored by a pellet stove fireplace. Hardwood floors run throughout the main level. The primary suite includes a private bath with a soaking tub, walk-in shower, heated floors, and a walk-in closet. Four additional bedrooms, a dedicated home office, and a fully finished basement provide space for every need. Outside, a wraparound porch, a patio, a fire pit, an inground pool, and a serene koi pond create a backyard unlike anything in this price range. Skylights, a laundry room, central air, and a one-car garage complete the picture. Shoreham-Wading River school district.
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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