120 Wise Oak Lane
About This Property
Flooded with natural light, this home boasts a desirable split floorplan with a cozy fireplace. The bright, spacious kitchen is the heart of the home, featuring a large island that's perfect for hosting dinner parties and gathering with friends and family.
With three bedrooms, two baths, and stylish selections in flooring, cabinetry, and countertops, this home is a standout choice. The fenced backyard is perfect for entertaining, and the rare flat lot sets this property apart from others in the neighborhood.
It's essentially new construction-but with built-in garage storage, backyard fence, and blinds throughout, without the hassle of ongoing construction around you. Don't miss this one-schedule your showing 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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017