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17 Heathcote Road
About This Property
The home features a spacious bathroom with a stand-up shower, a sunlit living room with a cozy fireplace, and a dedicated dining area ideal for everyday living and entertaining. The kitchen has been thoughtfully updated with a stunning quartzite natural stone countertop, a brand new dishwasher, and a new garbage disposal.
Additional highlights include a laundry room with ample storage, a full basement offering extensive storage space, and a large fenced-in yard-perfect for outdoor enjoyment. Relax or entertain on the front and back decks, providing great indoor-outdoor flow.
Enjoy exclusive rights to Lake Carmel, along with close proximity to the train station, major highways, restaurants, and shopping centers-making this home as convenient as it is inviting.
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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