2196 HALLMARK COURT
About This Property
Custom three-car garage and a long driveway that welcomes you home. The house features an updated kitchen perfect for cooking and entertaining, as well as a large finished space over the garage that can serve as a home office or a rec room. Outdoors, enjoy summer days by the in-ground pool and the expansive patio surrounding it. Amazing detached 4 person traditional barrel style steam sauna overlooking the trees. There's also a lovely covered screen porch in the back, ideal for relaxing evenings. Tons of recent updates, including:
- New Roof 2023
- New Floors entire house 2024
- New Driveway 2023 with significant expansion
- New Deck and hardscaping front and back 2023
- New front double door (10k) lifetime warranty
- New AC Units 2024
- New pool pump 2023
- New Landscaping front house 2024
- New Fridge, Washer/ Dryer, and dishwasher 2024
- Basement waterproofing (30k investment) 2024
- Basement remodel 2025
- Multiple RV electrical hookups 2023
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Cap Rate Calculator
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