11830 Irma Dr
About This Property
This Beautiful Home Boasts Original Oak Floors, A Large Livingroom, Complete Kitchen Remodel With Granite Counters, Abundant Cabinet Space, Stainless Appliances and A Large Eating Space. The Master Bedroom Is Large enough for All Your Furniture and It Has Private Access to the Recently Remodeled Main Floor Bathroom. There Are Also 2 More Main Level Bedrooms For Your Little Ones, Guests or a Main Floor Office.
The Basement Boasts A Complete Remodel as Well. With A Large Family Room With A Wet Bar and Bookshelves, Then onto the 4th Bedroom and Remodeled 3/4 Bathroom. But Wait, There's More... A Large Multi-Purpose Room Which could be An Office, A Playroom, A Workout Room, or A 5th Bedroom. Then We have The Large Finished Laundry Room with Lots of Cabinets, Utility Sink, and A newer Washer and Dryer are Included.
Now to the Outside, New Paint on the Exterior of the Home, Newer Privacy Fence, New Sod and Landscaping (Play Set is included), A Covered Patio (furniture Included). There is Also Access and Room to Build An Additional Garage.
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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