11353 Corona Dr
About This Property
Both Bathrooms have been recently updated with nice finishes and tile work !!! With the A/C and Brick construction this home stays cool in Summer and Warm in the winter , and with the solar system your bills are low and the home also has a smart door bell !!!! This homes basement is finished and has plenty of light and open area for a theater area , play area, or more entertaining. The bedrooms are all good size and have plenty of light and the master bedroom has a ceiling fan also. The exterior of the home is low maintenance brick , the yard has been well kept every year and the sellers are leaving the small greenhouse on back patio and a small shed ! There is a wood privacy fence in the back yard and plenty of space for a BBQ or gathering !! The 2 car garage is OVERSIZED ( 30' x 20' ) and has a separate side door entrance also !!!! And there is enough concrete driveway in front of garage to park 2 RV'S or six cars!!!!!!! This home Shows pride of ownership from top to bottom !!!! The location is also very desirable with close proximity to I-25 and Shopping and Restaurants
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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