129 Boyce Drive
About This Property
granite countertops, marble backsplash & high end Samsung stainless steel appliances with a stainless steel farmhouse sink; gorgeous new flooring throughout; all the electrical was replaced,fireplace has been rebuilt in the spacious family room, Under cabinet kitchen lighting, and new recessed LED Lighting. The house has been completely repainted on the interior & exterior & if that wasn't enough for this price, there is also new landscaping. Close to both AFB & A+Schools. This is a great opportunity...Welcome Home !!
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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