12602 WITHAN DRIVE
About This Property
The upper level boasts gleaming hardwood floors throughout, four generously sized bedrooms, two full baths, a convenient laundry room, and ceiling fans in each bedroom. The fully finished basement offers a versatile recreation/family room, a full bathroom, and ample storage space.
Sun-filled and meticulously maintained, this home features updates including a new roof, water heater, and HVAC system - all approximately 7 years old. Located in a peaceful neighborhood with easy access to Rt 29, I-495, and Rt 200, this home offers the perfect blend of tranquility and accessibility.
Don't miss this incredible opportunity!
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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.
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About Fairland
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017