11589 Chase Way
About This Property
Lower level has laminate plank flooring thru out, a Den accentuated by recessed lighting that spotlights the room's cozy fireplace-a perfect setting for intimate gatherings and laminate flooring thru out the lower level. Also on this level is a remodeled bath. luxury tile, walk in shower.
New finished basement offers a fourth bedroom or bonus room, beautiful new bath, walk in shower and updated lighting. The laundry room is unfinished. Outside you have a small private backyard retreat showcasing a paver patio ideal for outdoor dining, BBQs, or simply enjoying a cup of coffee amidst the fresh air. This home has brand new windows. new furnace, newer hot water heater and A/c. Listing agent owner is a licensed real estate agent and is an owner member of Dream Development LLC
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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