11310 HANDLEBAR ROAD
About This Property
The upper-level sanctuary features a primary suite complete with a dual-sink ensuite and a walk-in closet with high-end custom built-ins. Three additional bedrooms share a bright, updated hall bath illuminated by a natural skylight. Need more space? The lower level offers additional space to spread out, offering a 5th bedroom with murphy bed and office desk, a quiet den, laundry room and and a cozy rec room centered around a classic fireplace with walk-out access to the patio. New roof, siding and garage & front door. Equipped with a whole house generator. Located just minutes from premier dining and transit, this is the commuter's dream you've been waiting for.
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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