114 MUSKET Drive
About This Property
This well maintained home has high ceilings throughout, with elegant tray ceilings in living areas. Enjoy your morning coffee in the inviting sunroom, and your evenings in the spacious backyard relaxing around the fire pit. The laundry room makes chores a breeze, with ample cabinetry for storage, counter space and a built in sink. Retreat to the spacious owner's suite, with a large tub for soaking and a separate shower space. Outside, you'll find a generous 720 sq foot garage/workshop space, perfect for all your hobbies or extra storage needs. There are also two sheds, and a carport in the back yard to park your boat or RV.
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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