1321 Rossman DRIVE
About This Property
Additional upgrades include a 3-year-old roof, 3-year-old AC, and a 3-year-old water heater. The home also boasts new laminate and wood-look tile flooring throughout, new double-pane windows, a new slider, and updated plumbing and electrical boxes. The split floor plan offers privacy, with the spacious master bedroom on one side and the other two bedrooms on the opposite side.
Step outside to the large, fenced backyard with plenty of space for a pool or outdoor entertaining. Conveniently located near major roadways, shopping, dining, and natural parks, this move-in-ready home is a true gem! Don't miss out on the opportunity to own this turnkey property!
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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