2140 NE 39th Boulevard
About This Property
Older children will enjoy their own section of the house with a separate area that includes a kitchenette and can be used as a game room, TV room, class room, or gym. This section of the house includes 2 bedrooms and a full bathroom.
There is an additional full bathroom for guests and an additional separate bedroom with a private bathroom ideal for a live-in nanny, guest room, nursery or play room.
A saltwater pool overlooks a large yard for the kids to play or to entertain guests. The potential to use your 1 acre of backyard for recreation, entertainment and even horses awaits you!
This home features a spacious in-law suite with a separate, handicap accessible entrance, private full bathroom, walk-in closet, kitchenette with custom cabinets for extra storage. The bedroom in the in-law suite has custom plantation shutters and provides stunning views of mature oaks and ample wildlife including the occasional deer. The in-law suite can also be used as a spacious home office for both mom and dad!
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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