16 BUCKINGHAM ROAD
About This Property
Inside the 3-bed, 3-full bath home, wide-plank blonde floors are installed throughout, as well as recessed lighting. A large, brand-new kitchen features plenty of white cabinetry and new stainless steel appliances.
Upstairs, find all three bedrooms, including the primary-which has an ensuite with beautiful natural stone, bidet, and a walk-in shower.
A newly installed deck is extremely attractive to the budding host, who will be able to have dinner parties and barbecues all spring and summer long.
The home also features all new HVAC, new hot water tank, electrical panel, lighting, roof, siding, windows, doors, floors, and driveway.
Located right off of Route 70E, future owners will enjoy access to a variety of shops and restaurants. Think breakfast at Playa Bowls before heading to a workout at [solidcore]; and grocery shopping at Trader Joe's or Sprouts Market before dinner at Greek hotspot Estia-all within a 10-minute drive of your home.
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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