10197 Sprucedale Dr
About This Property
The home has a detached 2 car garage with a roomy, versatile workshop above it. There is a covered deck attached to the back of the garage overlooking a water feature and the rest of the yard. More amenities include: a new boiler, radiant floor heat in most of the home, and 2 storage sheds on the property.
This home is located less than 1 mile from the Flying J Park and is close to HWY 285 making it an easy commute to 470, shopping, schools, and recreational destinations south on 285.
Please view the property website for more information, 3D Tour, and photos: https://cvt.hd.pics/10197-Sprucedale-Dr
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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