135 River Drive
About This Property
Offers .4 acre, spacious, private yard. Family room with eat in kitchen overlooking 700 sq foot screened lanai and swimming pool. Rear sliders bring natural light galore, detailed beam ceilings and open kitchen plan. Split bedroom plan with master on one side and 4 bedrooms/2 bath split. Perfect for separation of guests or simply allowing children to have their own area. Large laundry room, walk in closets and loads of kitchen storage.
Flooring is 20'' tile and real hard wood in main living areas. 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