17025 Motsenbocker Way
About This Property
LOTS MORE HOUSE FOR THE $$ = So much extra here in Clarke Farms! THREE car garage, bonus heated sunroom, backing to the greenbelt, south facing driveway, new paint and new carpet all waiting for you! Great value: Full Master Suite with a generous sized bedroom, walk-in closet and 5 piece bath! The 2 extra bedrooms on the second floor have fresh paint and new carpet. Gorgeous wood floors greet you on the main floor with soaring vaulted ceilings. All of the appliances are all less than 5 years old including Washer and Dryer! The basement features a bonus multi use space for rec-room/workout/theater area! Laundry hookups on both the main floor as well as the basement. Basement room qualifies as a 4th bedroom, currently being used as dry storage. TONS of space at this price!
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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