1072 Feather DRIVE
About This Property
pleasant entry. Light and bright Home, skylights and high ceilings brings good natural light throughout the home. Luxury vinyl plank flooring with wood burning fireplace in the family room and formal dining room. Spacious Kitchen with lots of cabinets and counter space, stainless steel refrigerator, microwave, and gas stove along with a wonderful eat in space. Large owner's suite with high ceilings, walk in closet, and owner's bath with a stand-up shower. Two good sized bedrooms share a bath with shower and tub. Bonus room that can be used as an office. Large laundry room with cabinets. Oversized screened-in patio with salt water pool, great for relaxing and entertaining. Fenced-in yard with raised garden beds and plenty of fruit trees; banana, orange, peach, plum, fig, grapefruit, pear, tangelo, blueberries and two grape vines. Roof installed in 2018, with new solar panels. Home has been replumbed, water heater 3 years old, and pool
resurfaced a few years ago. Great location, no HOA, close to shopping, I-4 and so much more.
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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