11269 Irma Dr
About This Property
hardwood floors throughout the living room and bedrooms*A great eat in kitchen*New windows have been ordered and are on their way*The basement has new carpet and paint adding a great space for entertaining*Two more non conforming bedrooms and a 3/4 bath make this a great rental opportunity*The roof and furnace were replaced within the last 3 years* A solar system*
A large yard and an oversized 2 car detached garage completes this home*This won't last!!!
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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