103 Eagle Drive
About This Property
Beautifully designed craftsman style home features covered front and rear porches and fully landscaped yard. Entryway leads to effortless living space with raised ceilings open to kitchen featuring work island w/bar seating + dining area, pantry, quartz or granite countertops. Mud room plus laundry room and 3 generous sized bedrooms. Owner's bath has tiled shower, double vanities, linen storage & walk-in closet. Additional bathroom has double vanities as well. Luxury vinyl plank flooring in all common areas, recessed lighting thru-out, ceiling fans in all bedrooms. Seller will contribute up to $10,000 towards buyers closing costs and/or prepaids and/or rate buydown-restrictions apply. Photo of similar home.
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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