16117 75th Place N
About This Property
Included are three bedrooms, two baths, formal living and dining rooms plus a great family room, breakfast room and kitchen all open for a great gathering place.
The kitchen also features a butlers pantry and two pantries for excessive storage.
The master suite is complete with dual vanities and separate tub and shower and two walk in closets plus a French door opening to the screened enclosed patio.
A buried propane tank allows for the gas stove, gas hot water heater and gas clothes dryer for efficiency.
Situated on an expansive lot of approx. 1.15 acres, 2 car garage, and well plus small pond.
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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 The Acreage
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017