1456 Clemson Dr
About This Property
The finished basement expands your living area with additional living space, a 4th bedroom, a full bath, and abundant storage - perfect for guests, hobbies, or multi-generational living. Step outside to the back patio, ideal for relaxing or entertaining, and enjoy the convenience of a spacious 3-car garage. Major updates include a new roof in 2021 and a LeafFilter gutter protection system installed in 2022 for added peace of mind. Located near McIntosh Lake, with Hover Park and Trail also just moments away, this home offers easy access to outdoor recreation while being nestled in an established neighborhood with no HOA. Comfort, space, updates, and an unbeatable location, this home checks all the boxes. >> Discounted rate options and no lender fee future refinancing may be available for qualified buyers of this home.
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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