2216 AMBER MEADOWS DR
About This Property
This spacious 2,100 plus (above grade) square foot Colonial Style home with 3 Bedrooms and 3 FULL Baths sits in the biggest lot in the neighborhood. On the main level, you will have large formal living and dining rooms (2), with an open entryway and abundant natural light. Upstairs, 3 large bedrooms and two full bathrooms provide ample accommodation. On the bottom level you will have your 742 square foot recreation room. Two car garage, two story foyer, large eat-in kitchen with center island. This Great Home awaits you.
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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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About Bowie
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017