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12977 MARINERS CIRCLE
About This Property
Lounge on the front porch while surrounded by lush landscaping or admire the serene and tranquil private wooded lot off the rear deck situated on a double lot. The beautiful colonial has stunning views and is flooded with natural light. This wonderfully maintained home features a roof less than 7 years old, AC was fully replaced with a 20 ton HE unit in 2017, new hardwood flooring , and updated half bath. Refrigerator and dishwasher have been replaced within the past year and the stove is 2 years old. LED recessed lights added to the main floor. A generator is included and hardwired in. Gracious sized rooms throughout and a full basement with a rough in for a 4th bathroom. awaits your personal design. This home is a must see !
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017