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1695 Roy Drive
About This Property
This well-built 3-bedroom, 2-bathroom CBS home features a screened patio and a new roof installed in 2022. Lovingly maintained, this property offers an excellent opportunity to bring your vision to life. Centrally located with convenient access to nearby amenities, it's ideal for both investors and homeowners looking to renovate to their taste.
With no HOA restrictions, the possibilities are endless! The spacious, fully fenced backyard easily accommodates a pool, and the additional carport offers great protection from summer sun and rain showers. Don't miss this opportunity to create the home you've always wanted!
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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 Forest Hill Park
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Currently no similar homes aroundNearby Rentals
$3,200 /mo
- 2 Beds
- 2 Baths
- 1,193 ft²
$2,900 /mo
- 3 Beds
- 2 Baths
- 1,350 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017