2191 GARWOOD ROAD
About This Property
Recent upgrades include a new upper roof (2025), lower roof (2020), new HVAC system (2023), and a brand new septic system currently being installed for the new owners-all major items taken care of! The interior has been fully refreshed with modern updates, while the expansive 1.75 acres of cleared land provide endless opportunities for outdoor enjoyment, gardening, or future expansion.
Since purchasing in 2020, the seller has made continuous improvements, making this home truly turnkey. Don't miss the chance to own a property that combines updated systems, open land, and move-in ready style.
Settlement contingent on seller finding suitable housing.
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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