1106 Bellenden Drive
About This Property
Water Heater- Replaced 2021, Roof - Replaced 2020, HVAC (2 units) - Replaced 2020
Features include a spacious kitchen with a walk-in pantry, a breakfast area overlooking the private back deck, and a light-filled living room with a gas log fireplace. On the main level, you will also find a large formal dining room and an office/flex room.
The expansive primary bedroom boasts a wonderful bonus sitting area, a spa-like bath, and an enormous walk-in closet. There is also a large loft/flex space that can be utilized in many ways.
Outdoor spaces include a delightful rear deck that overlooks your private, retreat-like backyard, as well as a cheerful covered front porch. The oversized garage offers plenty of storage.
The neighborhood features a playground, pond, and gazebo for you to enjoy, along with two access points to the American Tobacco Trail, just 0.4 miles from your front door.
All of this and much more-come take a look today!
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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