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17 PUTTER DRIVE
About This Property
The updated kitchen features custom cabinetry (2017), creating a stylish and functional centerpiece of the home. Skylights in both the kitchen and living room fill the space with natural light, enhancing the open and inviting feel. Enjoy added convenience with a Culligan reverse osmosis water system, providing high-quality drinking water right from the tap. Major updates include a new roof (2021) and AC system (2017), offering peace of mind for years to come.
Spacious oversized closets and a generously sized second bedroom larger than average provide extra comfort and storage. Tile and laminate flooring run throughout the home for easy maintenance. Located on a quiet street near the cul-de-sac, this home offers minimal traffic and a peaceful setting with added privacy. This home blends practical upgrades with comfortable living ready for its next owner to move right in and enjoy. Located just minutes from top-rated schools, parks, shopping, dining, and the beautiful nearby beaches, this home delivers the lifestyle today's families are looking for.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017