2106 FERNGLEN WAY
About This Property
The entry foyer is graced with a wide staircase leading upstairs to the 4 bedrooms and 3 baths. The owner's suite has a luxurious bath with ....
There is a buddy bath between 2 of the well-proportioned bedrooms and a full hall bath as well.
The downstairs is where the magic continues. To start with there is a workout room located next to the 4th full bath. There is a complete theater room adjacent to the wet bar and the adjoining gathering space.
It doesn't stop there; the massive office should provide all the room you need, and the music room is great for listening or creating music.
In addition to all of the rooms and all of the room there are enticing treats all thru the house. Starting with the back stair to take you two and from kitchen raids, then the covert laundry chute , the dedicated kitchen planning desk, the extra storage under the main stair, and finishing with the alarm system, intercom system, ethernet ports in many locations.
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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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About Woodlawn
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$2,700 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017