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144 JACK OAK Drive
About This Property
Upgraded floors and kitchen countertops, installed backsplash, shelving on kitchen wall, new refrigerator, hood vent and stove in kitchen, painted kitchen cabinets, and shiplap on kitchen wall
Replaced double glass panes, two in living room, two in master bedroom, 1 in office. Dry walled wall in office (room between dining room and inlaw suite). Removed wallpaper and refinished walls in hallway and guest bathroom. Upgraded floor in master bathroom from laminate to tile, replaced hallway doors, replaced all trim, replaced siding on chimney, had the whole house professionally pressure washed, installed internal fencing, and installed electric fence on border( top leg is connected bottom leg is not), installed gutter along backside of carport, upgraded cabinet hardware. , replaced lighting fixtures in kitchen and dining room, replaced air filters throughout house, new light switch and outlet covers.
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Cap Rate Calculator
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