120 CEJA Way
About This Property
Are you looking for a home with PRIVACY? Look no further!Beautiful home located on 1/3 acre on a cul-de-sac with trees as your neighbors. The floor plan has great flexibility. The front room is currently used for entertaining but can be converted to a formal dining room. Bedrooms 2&3 open into a flex space with multiple uses such as a sitting room,playroom,or office. The open floor plan, tile floors, high ceilings and crown molding expands the space. No carpeting in this home! High end wood -look vinyl replace all carpeting in the bedrooms and flex area. The kitchen has granite and contrasting dark cabinetry along with stainless steel appliances. High ceiling in the garage allows for great storage.
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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