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12891 W 74th Dr
About This Property
This home welcomes you with it's beautiful grand entry, hardwood floors, and 10 foot ceilings. There is a gorgeous main floor bedroom with a 5 piece bathroom, a main floor second bedroom with a full bath and walk in closet and a main floor study. The gourmet kitchen is large and open with an oversized island and coffee bar and opens to a great room/family room with Kitchen Aid and Samsung appliances. The large patio is great for entertaining and has Trex decking. The yard has a sprinkler system and backs to a small open space area. The lower level has a huge family/reck room, bar and ping pong/pool table area. Huge unfinished extra storage and work out space as well as a 3 car garage. Call now for a private showing.
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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