1000 John Wayne Circle
About This Property
The open floor plan includes a spacious living area with wood flooring and high ceilings, creating a bright and inviting atmosphere. The kitchen has been updated with painted cabinets, updated hardware, epoxy countertops, stainless steel appliances, an updated faucet with cup rinser, and a tile backsplash. Enjoy outdoor living in the private screened-in patio, perfect for entertaining, along with a fire pit area in the backyard. Additional features include a 2-car garage with a 240V outlet, ideal for electric vehicles or power tools. Fresh interior paint, laminate flooring, and fresh exterior mulch complete this move-in-ready home. Convenient location, thoughtful upgrades, and major systems already replaced make this one must-see.
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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