2202 BAHAMA ROAD W
About This Property
This well-maintained 2-bedroom, 2 full-bath home features handicap-accessible entry and a spacious layout. As you enter, you're welcomed into a comfortable family room with a electric fireplace. The home offers durable vinyl flooring throughout the kitchen, living room, office, and bathrooms. The kitchen is a standout with a large center island-perfect for entertaining or casual breakfasts. Both bathrooms feature walk-in showers, including the primary suite for added convenience. Enjoy additional living space in the large 21' x 10' enclosed porch with windows, ideal for relaxing year-round. Outside, you'll find nice landscaping, a huge carport, and a utility/laundry room. There's also an extra storage shed for added convenience. Every room includes ceiling fans. Located just minutes from shopping, dining, and everyday conveniences, this home sits on a larger lot and offers both comfort and value-this one won't last long!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017