1880 ABA Drive
About This Property
Fantastic POOL home in established neighborhood with 4 bedrooms/2.5 bathrooms. 1 bedroom with half bath is split off from the rest which would be great for a multigeneration family, a teen suite, or an office. The huge kitchen features 2 granite islands, a large kitchen table area and travertine tile floors. The owner's suite has access to the second bedroom which could be used as a nursery or a second master closet. No carpets, newer AC (2018), and a beautiful pavered driveway, front entrance and pool area. The pool was re-marcited about 2-3 years ago, per seller. There is even a shower outside for the pool. The 2 car garage has attic storage as well. Laundry is inside home off of kitchen. No HOA! Located near shopping restaurants, major highways, & JAX NAS. NAS.
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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