108 Canterfield Road
About This Property
Home features bay windows, a formal dining room, hardwood floors and a separate breakfast area adjacent to the kitchen. Living room is great for indoor-outdoor living, with a brick wood-burning fireplace and French doors to a large deck overlooking the expansive, wooded, and fenced-in backyard. The updated kitchen has stainless appliances and granite w dedicated laundry area off the kitchen.
The 2nd floor has 3 oversized bedrooms and updated baths. The master suite has 2 walk-in closets and bathroom with a skylight and linen closet.
A finished 3rd floor provides 2 additional bedrooms or the perfect space for a home office or workout studio. Some photos have been virtually rendered.
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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