1333 Solitude Ln
About This Property
The fully finished, garden-level basement features another living room, 2 bedrooms and a bathroom. The adjacent bonus room is fully finished and makes a great workshop or art room with tray ceiling, recess lights, separate storage room and washer/dryer hook-up. Other features: new boiler, new casing in basement, new trims/baseboards, new sliding door, new screens, new firedoor to garage. ** Solar panels (paid off) ** Evergreen offers best mountain living, fantastic recreational activities year-round, easy access into Downtown, to the airport or into the mountains.
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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