22019 MOHAWK DRIVE
About This Property
Bright and modern kitchen with refinished cabinets, new glass cooktop, new stainless refrigerator, and stainless dishwasher. Fresh paint throughout, giving every room a crisp and clean feel. Partially finished basement offers flexible space for a rec room, home gym, or office. Enjoy peace of mind with a brand new roof, 2023. New hot water heater ensures peace of mind and efficiency. New landscaping adds curb appeal and a fresh, welcoming touch. Expansive back porch, perfect for relaxing or entertaining guests. Plus, a spacious 2-car garage provides ample room for parking and storage. Quiet neighborhood ideal for peaceful living. Take in the breathtaking mountain views. This home is move-in ready and waiting for its next owner to enjoy everything it has to offer. Schedule your tour today!
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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