12405 CACHET Drive
About This Property
This home has not been remodeled but it is certainly move in ready allowing you time to add your own personal touch. The roof was redone in 2008 with upgraded architectural shingles offering strength and durability for years to come. one side. Plenty of
room for family and friends. Off this great room to the left is a wet bar leading into a formal area possible space allows for a library, sitting area, or
traditional dining space . Middle side of this great room opens up into a fully finished florida room. This space is equipped with its own a/c allowing you the
perfect place for enjoying the wonderful backyard views. Each of the bedrooms are large in size compared to many of the new homes being built today.
This home has not been remodeled but it is certainly move in ready allowing you time to add your own personal touch. The roof was redone in 2008 with
upgraded architectural shingles offering strength and durability for years to come.
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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