1404 Roanoake Drive
About This Property
The kitchen is well-equipped for everyday living & hosting, offering ample workspace, a center island with breakfast bar, smooth-top electric cooking, double ovens, & a peninsula seating area. The adjoining utility room is highly functional, with built-in cabinetry, space for additional appliances, & convenient access to the garage; A dedicated home office includes built-in desk space and cabinetry, ideal for working from home or managing daily tasks. The home features multiple bedrooms with comfortable layouts, plantation shutters, and ceiling fans throughout; Accessibility is a standout feature of this property. The home is fully wheelchair accessible and includes a specially designed bathroom with a walk-in shower, along with a lift system connecting to an adjoining bedroom for added convenience and mobility support; The spacious primary suite offers a relaxing retreat with a sitting area and an ensuite bath complete with dual sinks, a spa tub, separate shower, and a large walk-in closet; Additional highlights include two water heaters, a sprinkler system, composite roof, gutters, privacy vinyl fence, and abundant parking with both front and side circle drives, plus a two car garage. A storm shelter in the garage adds an extra layer of safety and peace of mind; This home combines accessibility, functionality, and charm in a fantastic location-ready to welcome its next owner.
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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