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12273 W Stanford Dr
About This Property
As you step in the front door, you and your guests are warmly greeted by rich vinyl floor, and open layout. Your family will enjoy countless nights cooking and entertaining in your wonderfully renovated kitchen complete with stainless appliances and a granite waterfall countertop. There are new vinyl windows, and a new furnace to keep your family comfortable and home energy efficient. Upstairs as you enter your master suite you have plenty of room for your large bedroom set, and there is still room for you to get ready in the morning. Off your attached en suite bathroom you will be sure to appreciate the richly appointed double sinks, fabulous jetted bathtub and spacious walk-in closets.
The backyard is something to behold, your own little slice of heaven. You have a large Trex deck off your back door, just waiting for your BBQs and get togethers. Off the right side you have a large hot tub to help all those worries melt away and render you into a state of bliss and relaxation. Your new home back to a wonderful green belt/Park/Pool protected your tremendous view for years to come.
(the two basements bedrooms are non-conforming due to lack of egress windows)
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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