15 Wayland Road
About This Property
Featuring 3 bedrooms and 2.5 baths, this home offers a bright, open layout with an updated eat-in kitchen, granite countertops, and hardwood floors throughout. The spacious Den room and finished basement provide plenty of room to relax, work, or entertain.
Enjoy a private, professionally landscaped yard, attached 2 car garage, gas heat, and numerous updates throughout. Conveniently located near shopping, parks, transportation, and major highways.
Don't miss this opportunity-homes like this don't last!
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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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About Plainview
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017