2001 Mt Zion Dr
About This Property
The lower walkout has --- wait for it... heated floors! Gorgeous painted shiplap walls in the cozy living space, a cool guest bedroom, 3/4 bath, storage closet, workshop, laundry with brand new LG appliances and access to your backyard with the steal lined wood burning fire pit (cuz who doesn't live outside now), prof zero scaped, trees galore & fenced for your pups. (or cats, we don't judge). Large 2 car garage (575 feet) w/ a brand new gar door. Home warranty covered for 6 months. So much more. So come see it and welcome to our neighborhood. Solar is leased.
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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