12615 Dexter St
About This Property
The main level features inviting living spaces filled with natural light, while the finished basement expands your options with room for a media room, home gym, playroom, guest suite, or home office. Upstairs, generously sized bedrooms provide comfortable retreats.
Step outside to a private backyard where raised-bed vegetable gardens with a dedicated irrigation system create the perfect space for gardening enthusiasts. Whether you're hosting summer barbecues, relaxing on the patio, or harvesting fresh produce, this backyard is designed to be enjoyed. An extended 2-car garage offers additional space for storage, outdoor gear, or a workshop.
Located in an established neighborhood known for its mature surroundings and welcoming atmosphere, residents enjoy access to the community pool and neighborhood amenities with a low, approachable HOA. Conveniently situated near parks, schools, shopping, dining, and major commuter routes, this home offers the ideal blend of space, comfort, convenience, and a true sense of community.
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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