12016 Legacy Bright STREET
About This Property
Enter from your expansive front porch through the main entry way, which leads down a wide hallway that stops at a large office, separate dining room, eat-in-kitchen, half bath, and separate bedroom with an additional full bath. Upstairs you will find a large loft area, which would make for a great game room or movie area. There is a luxurious master bedroom at one end of the hall with dual closets and an amazing bathroom, plus three additional bedrooms and two more bathrooms (one of which is in a bedroom)!
Entertaining will be a blast with your oversized kitchen that contains 42" cabinets, gorgeous stainless steel appliances, and beautiful granite countertops. It flows nicely into the large, tiled family room and exits through a large triple window sliding door to the natural beauty of oak trees gracing the backyard.
Your electric bill will be significantly reduced because this home has solar panels and an attic radiant barrier to offset much of your cooling costs.
Finally, the community pool is only a stones throw away and is located directly across the street for easy access on those hot summer days. If you are in the market for a home that has it all, make sure to schedule time to check this one out right away!
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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.
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About Riverview
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017