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14345 N 86th Road N
About This Property
Additional features & upgrades include .. a great spacious screened, covered back patio to enjoy the outdoors, accordion hurricane shutters for the main house and metal panel shutters for the guest house, a large storage shed, an alarm system, remodeled bathrooms, walk in closets, upgraded bamboo click lock flooring in the bedrooms (no carpet), decorative wainscotting, plant shelves, art niche, water treatment system & more. The spacious guest house which was added in 2003 and is 960 air conditioned square feet plus its own private screened rear patio. The guest house includes one bedroom with a walk in closet, a family room a full kitchen including a range, refrigerator, dishwasher and washer and dryer. Seller will also include a 1 year home warranty through American Home Shield.
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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%.
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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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About The Acreage
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017