213 BRAGG CIR
About This Property
The top floor boasts a spacious but practical kitchen and living area, with high vaulted ceilings and skylights. On the bottom floor you can find another spacious living area, as well as a wood fireplace, a bar area, and sunroom/sauna.
Outside of the home you can find a second detached garage/work building with a dog run. A second work shed can be found further out. All buildings have electricity and water. At the front entrance is a koi pond with waterfall, and in the back yard a children's play area and a chicken coop . Behind the main outbuilding you can find a small peach orchard. Throughout the property there is various landscaping to discover. In terms of value I think it's hard to do better than this.
Acreage advertised includes several parcels.
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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