111 DECATUR CIRCLE
About This Property
Upstairs you will find four bedrooms including a primary suite with walk-in closet and tiled bathroom, along with a second full bath and a centrally located laundry room.
The finished basement provides additional living space with luxury vinyl plank flooring, a fifth bedroom, full bathroom, and a large recreation area featuring a custom bar-ideal for entertaining.
Exterior features include a fenced backyard, patio area, storage space under the deck, and an attached two-car garage. Located in a sidewalk-lined community with convenient access to commuter routes, shopping, and dining.
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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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About Stephens City
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017