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11003 STONEBRIDGE Drive
About This Property
The spacious eat-in kitchen has been fully remodeled with all new appliances, cabinets, and countertops, creating a stylish and functional space for everyday living. New tile flooring throughout the home provides a fresh, cohesive look, while large windows fill the interior with natural light. Fresh paint inside and out enhances the bright, welcoming atmosphere, and a new refrigerated A/C unit delivers year-round comfort and efficiency.
With quality updates, a practical floor plan, great room sizes, and true turnkey appeal, this home is an excellent opportunity for first-time buyers, growing families, or investors.
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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