125 Wright Circle
About This Property
The remodeled kitchen features white shaker cabinets, quartz countertops, and charming plantation shutters in both the kitchen and dining room. The layout also offers split bedrooms, providing a serene and private retreat for the master suite and a comfortable space for family or guests.
Outside, the allure continues with a delightful covered and screened-in patio-perfect for savoring quiet mornings or relaxing evenings outdoors. The front yard has been beautifully enhanced with new sod and a new lawn pump, creating inviting curb appeal. With a new A/C unit installed, every season is met with comfort and care.
Located in a prime area just minutes from the beach, shopping, dining, and local attractions, this home will be move-in ready and is packed with upgrades that add both style and function. Experience a blend of modern updates and enduring charman opportunity not to be missed!
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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