1836 Donahue DRIVE
About This Property
That's not all! This house has tons of addons. First, there is a three-zone air conditioning baffling system with three separate Ecobee Smart thermostats. What is that? This allows the AC to shut off/on the flow to different parts of the house so you can have different temperature settings in the main house area, master suite, and in-law suite. Super energy efficient! Next, the Screened-in Back Patio is 47' wide x 15' deep plus the 19.5' x 6' area under roof right outside the triple sliding door with brick pavers features an included Master Spa Therapool Swimspa with dedicated 50amp electric service. This allows you to swim against the current for continuous exercise or stand in the water for resistance exercises. Next, the gutters around the house flow to a French drainage system to move the water down the back hill. The front porch is also screened in. The garages have storage racks attached to the ceiling (3 total). Garage doors are DC powered making them ultra-quiet and can connect to WiFi for remote opening/closing. Wires were run to a central box for camera system/WiFi access points. Ceiling fans also included (2 are WiFi controlled). The fenced yard with rear gate leads to the walking path that goes around the neighborhood with access to the community pool. Finally, the whole house water filtration system uses no salt and provided you with bottled water quality water from the tap. Included in sale (range, microwave, refrigerator, dishwasher, freezer, washer & dryer).
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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%.
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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