118 Julie LANE
About This Property
Additional upgrades include a long lasting METAL ROOF, Vinyl Windows, NEW AC 2021, Pool Resurfaced January 2022, NEW Pool Heater 2022 and Pool Pump 2019, and updated Electrical Panel. An extended driveway is perfect for guests or extra parking.
The 1/3 ACRE Lot includes plenty of room for parking a boat, RV, or extra trailer and is fully fenced with a shed. NO HOA or CDD and low taxes! Skip the traffic with this location very close to shopping, restaurants, parks, schools, Crosstown Expressway, and more. Make an offer 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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017