107 Agassi Court
About This Property
Nestled in a cul-de-sac, this recently upgraded property boasts over $80,000 in renovations. The enhancements include a brand-new kitchen with modern appliances, wood flooring on the first floor, updated lighting fixtures, a new fireplace, upgraded plumbing fixtures, a state-of-the-art security system, fresh paint, new doors, and meticulously designed exterior landscaping.
The first floor features an open and airy layout, complete with a cozy fireplace and vaulted ceilings. The primary suite offers a spacious bedroom with tray ceilings and a large bathroom with a luxurious tub.
Upstairs, you'll find (2) generously-sized bedrooms bathed in natural light and and additional bonus room that can live like a bedroom. The outdoor area includes two elevated seating areas and a fully fenced backyard, perfect for relaxation and entertaining.
Amenities through HOA include (6) Clay Tennis Courts maintained daily.
This home is a must-see!
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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