1901 Buckminster Drive
About This Property
Large office or second living space with french doors off entry plus Formal dining room or additional flex space with french doors. Huge living room open to eat-in kitchen. All appliances included.
4 large bedrooms upstairs with walk in closets and two full baths. Primary bath with soaking tub and separate shower.
Back patio overlooking flat lot plus pond view out the front door.
The Reserve at Rock Creek has sidewalks, community pool, clubhouse with gym. Location offers easy access to the Triad or Triangle.
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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