1047 GARRISON Drive
About This Property
Four Bedroom, two and a half bath two story home with beautiful wood and tile floors. Spacious owners suite on main level. High ceilings and open floor plan ideal for entertaining and family living. Beautiful 42'' cabinets in kitchen with snack bar and pendant lighting, stunning entry light fixture. Flex room off foyer with French doors can be office or formal dining room. Three sizable secondary bedrooms and bath upstairs with large loft for playroom or media area. Home wired for sound with speakers in and outside.
Step out back and enjoy the serene view with screened lanai and ''tiny'' pool - perfect for small children. Jetted with lighting for evening relaxation. Residents enjoy new resort-style amenity center with pool, playground, recreational field, tennis, basketball and clubhouse.
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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