108 Susan Drive
About This Property
Step inside to find a freshly painted interior that creates a bright, clean, and inviting atmosphere throughout. The spacious layout offers flexibility for living, working, and entertaining, while the basement boasts brand-new carpeting, perfect for a cozy recreation space, home office, or gym.
The property provides ample outdoor space for relaxation, gardening, or gatherings. New lighting fixtures throughout the home add a contemporary touch and enhance each room's ambiance. Conveniently located just minutes from The College of New Jersey (TCNJ), as well as local shopping, dining, and major commuter routes, this home offers the perfect blend of comfort, updates, and prime location.
Don't miss the opportunity to make this beautifully refreshed Cape Cod your own!
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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