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2105 CHESTNUT HILL DRIVE
About This Property
The true centerpiece of this property is the incredible outdoor oasis. Step out onto an expansive covered deck designed for entertaining, complete with recessed lights, ceiling fans, and a built-in outdoor fireplace with a dedicated TV mount area finished in white stone. Enjoy easy access to nearby shopping centers and a diverse culinary scene, making errands and dining out effortless.
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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