16489 FREDERICK RD
About This Property
Outside, the property boasts an exterior detached 3-car garage with a loft area, a covered side deck, a rear deck, a balcony, a patio, and a curved driveway, providing plenty of space for outdoor entertaining or relaxation. Additional features include secure storage and owned solar panels, ensuring both convenience and sustainability. Recent updates including the primary full bath, paint, luxury vinyl plank flooring, electrical outlet and switches, tamper proof outlets, and more, make this home move-in ready and waiting for you to make it your own. Experience the epitome of craftsmanship and luxury living at 16489 Frederick Rd. some photos have been virtually staged
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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