1982 ARDEN FOREST Place
About This Property
This large home has wonderful upgrades & plenty of room for family & friends. Downstairs includes a bedroom & full bath for privacy when guests are visiting. Upstairs is the Master Bedroom, 3 additional bedrooms & a large Bonus Room for whatever your needs are. Features include Solar Panels, disappearing sliding doors, LVP throughout the downstairs, wired for Surround Sound, double ovens, wood shelves in pantry, epoxy floors in garage, 2 water heaters, omni logic pool system, child safety pool fence, gas heater for hot tub, heater for pool, fenced yard, gutters, termite bond, cul de sac lot, close to restaurants & shoppi
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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