11 Princeton Road
About This Property
Updated kitchen with new cabinets, granite countertops and stainless-steel appliances. Finished basement for additional living space with new Faux wood floors, laundry room with W&D hookup and interior/exterior access. The SMART Home features including Wi-Fi thermostats, dimmer switches, and Bluetooth bathroom vent speaker.
Additional new features include the full bathroom, two-zone boiler and thermostats, water pressure tank, HW floor on main level, faux wood flooring in the basement, interior doors and hardware, electrical fixtures, outlets, switches, stairway, and septic tank. Enjoy the spacious backyard with lake view, patio and storage shed.
Lake rights to Lake Carmel just a short walk away with 7 beaches, boating, swimming, fishing, and Arts on the Lake. Convenient distance to I-84, shops, restaurants, train stations, movie theaters and library. Additional Information: HeatingFuel:Oil Above Ground,
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017