12278 WELLER RD
About This Property
Recently updated, all new appliances, carpet in the office, cherry wood floors refinished a couple of years ago. Granite in 3 of the bathrooms which were updated in 2018. The primary bathroom has a huge walk in shower with travertine tile, rain head, 4 body jets, a handheld sprayer and a shower head. The custom maple bath cabinets have a ton of storage. The heated marble floor are wonderful for those cooler evenings. This home has an in law suite with a full bath/ kitchen/ hickory wood floors and cedar trim. Can be a multi generational home if needed, no modification needed. 3 car garage, 2 fireplaces and plenty of storage. There are 3 finished levels above grade, unfinished walk out basement and so much more.
Custom built for owner/agent.
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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