1425 PRAIRIE LAKE BOULEVARD
About This Property
The oversized owner's retreat boasts a walk-in shower with upgraded tile, while secondary spaces are equally comfortable and inviting. Updates include fresh interior and exterior paint, knockdown ceilings, and durable hardwood-style ceramic tile throughout the main living areas. Major systems have all been addressed: 2016 New Septic & Drain-field, 2019 New Roof, New Windows, 2020 New Garage Door, 2021 New Water Heater, 2022 New HVAC, plus previous re-plumbing-ensuring years of worry-free living.
Relax and entertain in the screened patio spanning the length of the home, overlooking a large, fully fenced backyard perfect for gatherings, pets, or play.
Don't miss this rare opportunity to own a turn-key home in sought-after Forest Oaks-schedule your private showing today!
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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