13196 SE 86TH CIRCLE
About This Property
The kitchen is equipped with light wood cabinetry, a tiled backsplash, and nice appliances, including a stainless steel side-by-side refrigerator. The living room boasts a ceiling fan and carpeting, with a transition to wood-look flooring in adjacent areas. Both bedrooms feature ceiling fans and ample natural light from windows.
The bathrooms are tastefully appointed with wooden vanities, large mirrors, and adequate lighting. The dedicated laundry room includes a washer and dryer set with overhead storage. Throughout the home, warm neutral tones on the walls create a welcoming atmosphere.
Additional features include a charming dining nook with a unique chandelier and decorative window treatments. newer Roof and HVAC (roof 2023, HVAC 2022) The home's layout, as seen in the 3D floor plan, showcases an efficient use of space with clearly defined areas for various functions.
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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