11710 FAYE Road
About This Property
Inside offers multiple living areas including a living room, dining room, and family room. The kitchen includes an island and window over the sink with backyard views. Luxury vinyl plank flooring runs throughout.
The oversized primary suite provides plenty of space for a sitting area and office. Primary bedroom is MASSIVE at 14' x 23'. Ensuite or 2nd Bathroom either features travertine, marble or granite tile with a shower bench.
Outdoor living includes a covered patio with electrical and a wood deck. Rear door includes built-in blinds within the glass.
Low property taxes make this an affordable option. Rare combination of land, no HOA, and functional living space. 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