1489 MOUNTAINVIEW DR
About This Property
The main level master bedroom has private bath. Additional bedrooms provide ample space for family, guests, or a home office, each offering its own unique charm and ample closet space. Enjoy the serene outdoors with a spacious deck and a beautifully landscaped backyard, ideal for summer barbecues, relaxing evenings, and family gatherings. The Mountainside community offers a wealth of amenities. Embrace the outdoor lifestyle with the lake just minutes away, providing endless opportunities for recreation and leisure. The home also includes attached garage, a cozy fireplace, hardwood floors, and plenty of deck and patio space. This property offers the perfect blend of casual comfort in a stunning natural setting, making it an ideal choice for those seeking a home that combines modern convenience with the beauty of the outdoors.
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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