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Map
16605 123rd Terrace N
About This Property
One that has distinctive features that other homes don't have?
One that also has land and a 4 car garage??
One that doesn't need updating?
Then, this look no further...your search is over!
Designed with comfort in mind, this 3 year young custom built CBS 3/2.5/4+ garage (1600 sq ft) on 1.25 high & dry acres creates an atmosphere for entertaining, relaxation and total hurricane protection with impact windows & doors.
The wrap-around porch has access from all 3 bedrooms and overlooks the massive backyard with room for a pool, guest house, firepit, child's playset or whatever your mind can dream of.
Complete with so many specialty features, that once you come inside you will not want to leave. One of a kind island kitchen with concrete counters and 2 wall ovens, porcelain plank tile floors, split floor pan, family room with "stone" wood burning fireplace, custom moldings, 1000 gal gas tank (inground) supporting a gas cooktop, outside BBQ, & water heater enticing you to visualize yourself living here.
Come see all the stunning attributes of this amazing home.
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Cap Rate Calculator
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