11763 E Cornell Cir
About This Property
The unfinished basement (with washer/dryer) is great if you are looking for extra storage space, an office or play room. With 1,577 square feet on the upper living levels plus an additional 910 sq ft in the basement, that's almost 2500 square feet to spread out!
This quiet home is close to major transportation, grocery stores, shopping, dining and parks. The HOA includes a community pool for summer use. 1 car detached garage included.
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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