14721 FALLING WATERS Drive
About This Property
-Clean and well-kept home
-4 bedrooms, 2 baths, split-bedrooms
-Hardwood floors in Living/Dining Combo
-Ceramic Tile in Kitchen and Baths
-Carpet and Paint less than 1 year old
-Open floorplan with vaulted ceilings
-Stainless steel appliances: gas range, refrigerator, microwave
-Master suite has walk-in closet, garden tub, separate shower, and double vanities
-Fenced backyard
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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