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12674 W 38th Dr
About This Property
The primary suite is spacious and boasts a fully remodeled en-suite bathroom. Three additional bedrooms and two beautifully updated bathrooms ensure space for family, guests, or a home gym. Outside, the oversized lot offers endless possibilities for gardening, outdoor entertaining, or even future expansion. The versatile outbuilding provides incredible flexibility, ideal for hobbyists or those seeking additional storage. Conveniently located near top schools, parks, and local amenities, this one-of-a-kind home is ready to welcome its new owners. Don't miss your chance to own this exceptional property - schedule your showing today!
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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