111 N River Drive E
About This Property
Immaculately maintained, this 4 Bedroom + Den, 3½ Bath with 3 Car Garage has a private, newly screen enclosed pool. Travertine floors in the living areas give way to carpeting in the bedrooms and den allowing for nearly 3200 sf of air conditioned comfort. The kitchen breakfast bar and nook overlook the pool and casual living-room with a wood burning fireplace and wet bar. Sliding glass doors provide ease of access to the pool and patio from several of the main rooms, contributing to the vast entertaining space. Split floor plan, two AC units 2/5 ton, New Roof (2017), Screen Enclosure w/5" super gutter (2017), Paver Driveway (2016), Dbl. Insulated Garage Door (2016), Exterior Paint (2016),
Epoxy Garage Floor(2017)
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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