115 Stone Ridge
About This Property
Situated on a slab foundation, this one-level home offers easy accessibility and low-maintenance living. Outside, enjoy a fully fenced backyard-perfect for kids, pets, or private gatherings. Located in a quiet neighborhood, this property is a great option for a first-time buyer, those looking to downsize, or anyone seeking convenient single-level living.
With a practical layout and a desirable location, this house is a must see. Schedule your showing today!
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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