2007 Bunnfield Drive
About This Property
The primary suite is a retreat unto itself, featuring a spa-like soaking tub, walk-in shower, dual walk-in closets and a trey ceiling. Need extra space? The dedicated home office makes work-from-home effortless. Outdoors, the upgrades continue-a recently screened-in porch with a built-in dry bar, expanded patio, and a brand-new wooden privacy fence make the backyard an entertainer's dream. Storage is a breeze with custom-built shelving in the garage, an outdoor shed, a dedicated laundry room, and an attic with pull-down access.
Tucked away on a large, flat lot with a wooded backdrop, yet just a short trip to schools, amenities and other creature comforts. With 264/87 close by, access to Raleigh is just minutes away. Tranquility, meet convenience. An opportunity this good? It won't wait.
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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