116 E FRANCHETTA Lane
About This Property
BRING THE KIDS TO THIS 5 BEDROOM 3-1/2 BATH HOME ON A QUIET CUL-DE-SAC AND WATCH THEM PLAY ON THE PLAYGROUND FROM YOUR FRONT YARD. THIS HOME IS AN IMMACULATE TWO STORY WITH LOTS OF ROOM TO ENJOY. THE OUTSIDE WAS JUST PAINTED LAST WEEK AND THE INSIDE IS NICELY PAINTED AND DECORATED WITH GREAT TASTE. THERE IS 1 BEDROOM DOWNSTAIRS FOR POSSIBLY A PARENT TO STAY, OR FOR THE KID THAT WANTS
TO BE ALONE. THE KITCHEN HAS LOTS OF STORAGE WITH 42 INCH UPPER CABINETS ALONG WITH A HUGE PANTRY TO STORE STUFF. COUNTERTOPS ARE SOLID SURFACE, AND THE KITCHEN HAS ACCENTS ON THE BACKSPLASH, AND THE ISLAND THAT GIVES IT THAT SPECIAL TOUCH. THERE IS A FULL BATH AND A 1/2 BATH DOWNSTAIRS. THE MASTER BEDROOM IS GINORMOUS
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Cap Rate Calculator
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