208 JOHNSON RD
About This Property
Walk into your main living room with hardwood floors and newer casement windows , dining room also has newer windows and hardwood floors. Eat in kitchen with sliding glass door to your deck and large backyard. Great pantry and 1/2 bath finish off the main living area.
Off to the hallway you will find 3 decent size bedrooms all with newer windows and hardwood floors and ceiling fans. Hall bath was updated a few years ago.
Downstairs you will find a full finished walk out basement with wall to wall carpet, and spacious laundry area as well as great workshop area. Family room with full brick wall and wood burning stove, game-room/office , plus an extra 4th bedroom!
Dimensional Roof, C/A & Gas Heat in (2010)
Professional photos will be uploaded by Thursday evening
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017