11346 Mesa Verde Way
About This Property
The spacious primary suite features vaulted ceilings, a 5-piece bathroom with dual sinks, and a large walk-in closet. The fully finished basement offers another inviting living space with a wet bar, surround sound, and an entertainment area, perfect for movie nights or a separate retreat for guests.
Outside, the private backyard features a colored, hand-stamped concrete patio, mature trees, a privacy hedge, and a dedicated dog run with newer fencing and a gate. Enjoy morning sunshine streaming into the home and afternoon and evening shade in the backyard, ideal for relaxing or dining outdoors. Beautiful curb appeal and a versatile 3-car garage complete this 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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017