15801 Langley Way
About This Property
The master suite is absolutely gorgeous with a separate tub and shower and a HUGE walk in closet. The utility/laundry room between the kitchen and garage entrance is massive and has plenty of countertop and storage space of its own. The two additional bedrooms are a great size and have an amazing bathroom between them. Fresh paint throughout, a large back covered patio, and beautiful tile floors complete this awesome home. Call me today and let's go take a look. I have a feeling this won't last long! Rockwell Parke is a great place to live! Don't forget about the pool!!
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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