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18906 CATHEDRAL DRIVE
About This Property
WELCOME TO THIS WELL-MAINTAINED HOME FEATURING 5 BEDROOMS, 3 1/2 BATHROOMS, 2-CAR GARAGE, AN INVITING FRONT PORCH, FENCED REAR YARD WITH DECK, ALL LOCATED ON A LOW TRAFFIC CUL-DE-SAC!! THIS COLONIAL-STYLE HOME ALSO FEATURES AN UPDATED KITCHEN, PRIMARY BEDROOM SUITE WITH LUXURY BATHROOM, FAMILY ROOM OPEN TO THE KITCHEN WITH A WOOD-BURNING FIREPLACE, HARDWOOD FLOORING, AND A GREAT-USE LOWER-LEVEL WITH BEDROOM, FULL BATHROOM, REC ROOM, NEW CERAMIC FLOORING, & DEN!!
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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