1002 Augustine Trail
About This Property
The expansive deck is the perfect spot for relaxing & entertaining. It features a cozy seating area protected by a solar canopy & a retractable solar shade and overlooks a beautifully landscaped & fully fenced backyard boasting a stone patio w/space for seating around a fire pit & a swing.
The owner currently uses the cute red-doored He Shed/She Shed as a home office as it is heated & cooled and is wired for electricity.
Other updates: New solid core doors, All windows have been replaced except for 4, New garage door, Roof - 2018, HVACs - 2022 & 2015. Home has been pre-inspected. Owner is a licensed real estate agent.
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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