11205 LEATHERWOOD DRIVE
About This Property
The main level has a spacious and cozy living room with a fireplace, separate dining room, and light and bright sitting room perfect for reading or a home office. The lower level has a huge bonus room with built ins that is freshly painted with new flooring. The lower level is completed with a 1/2 bath with new flooring and vanity and a large laundry room with plenty of storage.
Once outside, enjoy this oversized and private lot with a large deck, multiple patio spaces, walkways, a garden with deer fencing, and lots of open space to enjoy nature. Seller will convey the shelving in the laundry room and will provide a home warranty.
Don't miss this wonderful home.!
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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