1808 Canaan LOOP
About This Property
The home features a nice remodeled laundry room, stainless steel appliances, and granite countertops. The master bedroom includes dual sinks and a massive walk-in closet, providing ample storage space. The property also includes a nice size backyard, perfect for relaxing or entertaining.
Conveniently located just a short drive away from Legoland, this well-maintained home is in a prime location. With a garage for parking, this property truly has it all. Don't miss out on the opportunity to make this your new home! Contact us today to schedule a showing.
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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