19434 WHITE PINE LN
About This Property
This charming home has three bedrooms (*the primary has a nursery/den/office which could be converted to 2 bedrooms*) and three full bathrooms, new paint throughout, new carpeting upstairs, and new luxury vinyl plank flooring downstairs. The family room with its rustic vibe has wood beams on ceiling and brick wall with fireplace make it a perfect place to curl up and watch a movie, read a book, or entertaining over the holidays. The downstairs full bathroom has been meticulously renovated, showcasing a brand-new design and fixtures. In the back yard, you'll enjoy the screened in deck or sitting around the firepit and roasting marshmallows. Additional upgrades include a new refrigerator (2023), dishwasher (2023), hot water heater (2023), new garage door (2023) and a roof installed in 2017. Freshly painted walls, new carpeting on the upper level, and new vinyl flooring give it a crisp, rejuvenated feel. Additionally, enjoy the benefits of no HOA fees and Xfinity internet. A must-see!
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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