152 RIVER CHASE DRIVE
About This Property
property features an open layout with tile floors and great natural light throughout. The kitchen offers granite countertops,
stainless-steel appliances, and plenty of cabinet space. The master bathroom has been fully remodeled with a walk-in shower, bench,
and marble-top vanity with new sinks. Both bathrooms have been updated, and the tubs reglazed. Major upgrades include a 4-year-old
A/C, repiped plumbing, and a roof replaced about 4–5 years ago. Step outside to a 14x17 screened porch overlooking a nicely
landscaped backyard, perfect for relaxing or entertaining. Freshly pressure-washed and full of thoughtful upgrades, this home is ready
for its new owner!
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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