11609 DEBORAH DRIVE
About This Property
The renovated kitchen includes white cabinets, granite countertops, stainless steel appliances, and a breakfast area with a large bay window . Updates include newer windows, HVAC, upgraded/heavy -up electric panel. Features a large, level private backyard facing woods, with a spacious deck.
4 large bedrooms, 3 full baths, including a renovated master bathroom. The home has a finished walk-out basement with family room, a full bath, and an egress window perfect for creating an additional bedroom. Close to multiple homes of worship and a swim/tennis club. Cooktop already plumbed for GAS!
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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.
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About Potomac
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017