45
Map
120 Jacob Drive
About This Property
right is a designated dining area that offers space for all your family gatherings which is open to the living
room and features a warm cozy fireplace. Beyond the living room to the right is the kitchen with new
granite counter tops, newly painted cabinetry and an eat-in area with bay windows. The master bathroom features a new vanity with double sinks, subway tile backsplash, and a tub/shower combo. To complete the master bedroom is a large walk in closet. The guest bedrooms are located on the other side of the home and are separated by a guest bath. Also adding to the appeal of this home is nearly everything on the
interior has been replaced. New stove & refrigerator, new flooring throughout, fresh new paint throughout, all new
lighting fixtures, all new outlet receptacles, all new light switches, new electrical panel, new vanities and
fixtures, new counter tops, and new door knobs. The seller has had the septic pumped and inspected
along with a fireplace inspection and new fire box installed. This home sits on .40 acre giving you plenty of outside space also. Roof - 2021, HVAC - 2022, Water Heater - 2016. Don't miss this one!
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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