17 CARRIAGE LN
About This Property
After a long day, retire to generously proportioned retreats that enjoy plentiful space and sunlight. Sure to capture your attention is a lower-level gathering spot where you can easily set up an office nook, keep warm by the fireplace, or access the glass sliders that open to the rear patio. Plus, there's an attached 1-car garage. The residence is conveniently set near the sought after Marlton School District and just minutes from Philadelphia. Trader Joe's, Whole Foods, and other great dining and shopping options are close by. Updates include: New windows throughout house minus kitchen, new HVAC (2021), new water heater (2021), new patio door, new garage door and motor, new rear garage door, recently insulated attic, new damper cap and freshly cleaned chimney. Don't just read about the home's many impressive perks. Come for a tour and experience them yourself!
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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%.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017