17 Blackpine Drive
About This Property
Features include a stunning quartz kitchen with center island, designer backsplash, and updated finishes throughout, plus vinyl flooring, new doors and hardware, designer colors, new gutters, updated 200-amp electric, oil heat, and 2-zone central air. Flexible floor plan with a first-floor primary bedroom or den with double closets and full bath, plus a spacious second-floor primary suite.
Additional highlights include a 1-car garage with interior access, separate laundry room, full attic, full vinyl-fenced yard, and charming new front stoop perfect for rocking chairs. Truly move-in ready with room for everyone.
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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 Medford
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017