1747 Reliance Cir
About This Property
Kitchen features a fabulous layout designed with the chef in mind: ample prep space, stainless steel appliances, and hard to find walk-in pantry! Dining room and living room have great communication, tons of light and charm galore. Spacious living room is anchored by a gas fireplace, large windows looking out to the back yard, and has easy access to the outdoor living spaces! Massive covered back porch acts as a second living room, plus an additional patio - all amazing spaces for everyday living and entertaining! Fully fenced backyard is an oasis of mature landscaping and privacy. A formal front office space rounds out the main level. Upstairs features 3 bedrooms on one level, including a generous primary ensuite with walk-in closet and large 3/4 bath. Lower level features family room, massive laundry/utility/storage space and bathroom.
This home has storage galore, plus an attached 2-car garage. With upgrades like a new furnace and AC unit (2023), newer windows, exterior paint and gutters (2022), all you have to do is move right in and enjoy! Close to shopping and restaurants with easy highway access. This is one you don't want to miss!
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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