11214 Allendale Dr
About This Property
Step onto the covered front patio and picture yourself enjoying sunny days and starry nights in this inviting space.
Inside, discover modern upgrades and original hardwood floors that add charm to every corner. With all-new HVAC systems and a new water heater, worry-free living is yours. Not to mention a brand new sub pump!
Extras like a two-car garage and a backyard retreat with a covered patio provide ample space for relaxation and entertainment.
Conveniently located near schools and parks, this home promises a comfortable lifestyle tailored just for you.
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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