10609 HAYES AVE
About This Property
The fully finished lower level features a massive great room perfect for use as a rec room, family room, or entertaining- the possibilities are endless! Heading outside to the fully fenced-in backyard, you'll find a retreat to get away from it all, with a patio for dining alfresco or soaking in your professionally landscaped private oasis. The welcoming neighborhood hosts community-building events such as block parties, Halloween, and holiday parades. All within steps of Sligo Creek Trail's scenic walking paths and playgrounds. Forest Glen metro and access to I-495 nearby. Do not miss this rare opportunity!
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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