106 Wigsten Road
About This Property
The main level features durable LVT flooring throughout and a well-appointed kitchen with classic shaker cabinetry and granite countertops. A convenient half bath on the first floor adds functionality for everyday living and entertaining.
Upstairs, two generously sized bedrooms each feature their own private en-suite bathroom, creating dual primary suites ideal for guests, shared living, or flexible use. The home is finished with Hardie siding and spray foam insulation for durability and energy efficiency.
Additional improvements include high efficiency heat pumps for heating and cooling along with a new well pump. With quality construction, modern materials, and a peaceful lot size rarely found in new builds, this home offers a unique opportunity for comfortable, efficient living.
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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