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12437 Selma Road
About This Property
Inside, an open-concept layout connects the kitchen, dining room, family room, and living room, creating the kind of easy, comfortable flow that makes a house feel like home from day one. The kitchen offers abundant cabinet storage and ample counter space -- room enough to cook, gather, and make memories. The primary suite will surprise you: a glamour bath with soaking tub, separate shower, and a walk-in closet that feels like a true reward after a long day.
Step outside and find even more to love. A fenced yard with an above-ground pool and outdoor kitchen, two storage sheds, a dedicated workshop building, and a two-car detached carport give you space for summer fun, weekend projects, and everything in between. The wooded natural area at the rear adds privacy that's simply hard to find at this price point.
Move-in ready. Thoughtfully upgraded. Room to grow.
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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