12020 VAN BRADY ROAD
About This Property
Upstairs, you'll find four bedrooms, which include a large owner's suite featuring a fireplace and a generous bathroom. The sellers are offering an allowance for you to choose and update the flooring on the second floor to your preference.
The basement is expansive and unfinished, offering high ceilings and endless possibilities for customization. The large garage provides ample space for extra storage.
Relax on the sizable rear porch or explore the property's trails. Additionally, there is a metal carport/shed, perfect for storing lawn maintenance equipment.
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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