10527 PARK MEADOWBROOKE DRIVE
About This Property
The home offers four bedrooms and two full bathrooms, with a layout suited to everyday living. The newer water heater and newer roof provide important recent updates for the next owner.
Outside, the property has newly installed gutters and no backyard neighbors, providing added privacy along the rear of the lot.
The home is located in Riverview and is subject to an HOA with quarterly dues of $259. The community location provides access to the surrounding Riverview area, including nearby shopping, dining, and major roadways.
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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 Riverview
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017