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10165 BANNISTER STREET
About This Property
Step outside to enjoy the open patio, a vinyl-fenced backyard (2020), an above-ground swimming pool (2021), and a convenient storage shed, providing plenty of space for outdoor living and storage.
Major updates include windows and doors (2020), electrical panel (2021), roof (2022), a new hot water heater, newer HVAC system, and a replaced drain field, offering added peace of mind for years to come. With quality updates throughout and nothing left to do but unpack, this beautiful home is a 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.
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About Spring Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017