164 BEAR PEN Road
About This Property
COME SEE THIS AWESOME HOUSE IN OLD PALM VALLEY NEIGHBORHOOD, ON A BEAUTIFUL TREE LINED STREET. THIS HOUSE IS LOCATED AT THE END OF THE CUL-DE-SAC. THE LOT ADJOINS THE RESERVES MAKING THE BACKYARD SEEM EVEN LARGER THAN IT IS. ENJOY YOUR PRIVATE OASIS IN YOUR HOT TUB OVERLOOKING YOUR PRIVATE MANICURED BACKYARD. HOME BOASTS WITH VIKING RANGE, OVEN, DISHWASHER, REFRIGERATOR AND MICROWAVE. IN ADDITION COMES WITH BRAND NEW LG TROM WASHER AND DRYER. BRAND NEW ROOF IN AUG 2018. HOUSE COMES WITH A SPLIT BEDROOM WITH THE MASTER LOCATED ON THE FIRST FLOOR INCLUDES GARDEN TUB, & SEPARATE SHOWER. FIRST FLOOR INCLUDES LIVING ROOM, OFFICE, SEPERATE DINING ROOM, BREAKFAST ROOM, KITCHEN, PANTRY CLOSET AND SOLID SURFACES COUNTERTOPS. TWO SPACIOUS GUEST BEDROOMS AND GUEST GUEST
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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 Palm Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017