21 Rutgers Drive
About This Property
A bright 2-story foyer with hardwood floors leads to spacious living and dining areas. The fully renovated chef's kitchen features a 9' island with built- in microwave, pot filler over the oven, quartz countertops, instant hot water disp in the sink and 42'' premium cabinetry, flowing into an oversized family room. 4 generous bedrooms, including a primary suite with a walk-in closet, seating area, and updated en-suite bath, and a 2nd main bath provide perfect sleep space! The basement is a fully finished multipurpose space perfect for a gym, office, or rec room, plus a dedicated laundry are The massive, fully fenced backyard is designed for entertaining! Enjoy a large deck, a sparkling heated inground pool, plenty of additional yard space surrounded by 8' fencing, and a lush wooded buffer for ultimate privacy. New roof and meticulously maintained. This is the perfect blend of space, style, and summer (and year round) fun!
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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