162 GLENNEYRE Circle
About This Property
Additional features include water softener, Large safe in master bedroom that owner believes is anchored into the concrete, Double sided cabinet island in kitchen, tinted windows, hardwood flooring, etc!! This home has everything. Impossible to reproduce this home on good of a lot, on a pond, with this high level of finishes as a new build for anywhere close to the price of this home...especially with a pool and outdoor kitchen!!! This home is in a great location, close to 9B, 95, and US 1, and is in an A-rated school system. Also please see attached document showing personal items and furniture that will not convey. Also see the Features and Upgrades list!
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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