101 GRACE MANOR DRIVE
About This Property
The carpeted stairs lead to the second floor landing, and this fully carpeted floor hosts a full bath with tub/shower combo as well as four bedrooms. One of these bedrooms is the oversized owners suite with its own sitting area, deep walk in closet, and large private bath with double vanities, soaking tub and walk in shower.
Taking the stairs to the basement brings you to a large finished living area that is perfect for play, relaxing or entertaining as well as tons of extra storage rooms, along with a rough in for a 4th full bathroom.
This house is move in ready and all major items have been updated: roof 2024, HVAC in 2024, 2025 Hot water heater, and new fence in 2024. What more could you ask for? This is the one for you, come see it today!
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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