1182 CANON WAY
About This Property
Hardwood floors grace the main level and upper bedrooms, while the layout blends formal living and dining rooms with a welcoming kitchen and family room at the rear of the home. The kitchen offers generous cabinetry, ample counter space, a large center island, and an eat-in area that flows seamlessly into the family room with a cozy fireplace and access to the deck. The finished lower level adds flexible living space, including a media room wired for surround sound and projector use, plus a bonus room perfect for a home office, workout area, or hobby space. A half bath and exterior access complete this level.
Upstairs, you'll find four spacious bedrooms, including an oversized primary suite with a private sitting area, en-suite bath, and custom California Closet systems in both walk-in closets. A two-car garage, plenty of parking, sidewalk-lined streets, and a convenient location close to shopping, dining, and commuter routes make this home the total package.
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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