171 RIDGE Road
About This Property
Entering through the screened porch this home offers L Rm, Din Rm, Kitchen & Breakfast area with new bamboo flooring. The wide hallway leads to 3 ample sized beds & 2 full baths. Newer roof- 8 years.New pump
The oversized garage with 2 adjoining rooms has the potential for in-law suite/income possibility.
Separate workshop/studio has water & electricity. Don't miss the chance to get in on a developing loca loca
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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