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1032 Bernice Road
About This Property
The primary bedroom offers laminate flooring and a private, updated en suite bathroom. Two secondary bedrooms also feature laminate floors and share a beautifully updated guest bathroom. The oversized 4th bedroom, complete with new carpet and a private exit door, is ideal as a home office, flex space, or additional bedroom-whatever suits your needs. Notable updates include a 2018 roof and 2020 AC, making this home move-in ready. This is truly a must-see to appreciate all it offers!
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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