11356 Mesa Verde Way
About This Property
Down the hall from the great room, you have a private office or bedroom with a half bath just steps from the door. There is also a large laundry room on the main level.
Upstairs the catwalk overlooks the living spaces below and separates the primary suite from the secondary bedrooms. The two secondary bedrooms are quite large and will easily house queen beds. They share a full bath in the hall between them. The primary suite is a true oasis from a busy day! It is extremely large with tons of windows, ceiling fan and it's own gorgeous ensuite bath. The bath has a walk in shower, large soaking tub, private water closet, double vanity and huge walk in closet!
In the finished basement, you have options on use of space-there are two flex spaces for movie night, crafting, workout room or second office! There is also a bedroom and adjacent bath with shower only.
The exterior of the house is immaculate. The yard is just about to burst into a lush green lawn. There are gardens in both the front & back. There is also an attached two car garage.
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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